Are you a business owner contemplating the whole or partial sale of your business? A business transfer demands commercial insight, expert legal skills and, not least, respect for the owner and origins of the business.

When a business is sold, it is frequently the work of a lifetime that is being put on the market. Our lawyers have many years’ of experience in handling the transference of businesses (M&A) and this gives them an extensive insight into the legal and commercial aspects – and, importantly, the emotional aspects – which the sale of a business can entail.

At DAHL we regularly assist in both smaller and large transactions. In the process before and during the transaction we work using a tried and tested concept with a virtual data room and experienced project leadership. This ensures that comprehensive processes such as due diligence are performed correctly, smoothly and efficiently so that the process does not impact the daily operation of the business.

In business transfers where we represent sellers our assistance includes (dependent on the size of the transaction):

• Support in the preparation of sales materials/information memoranda (legal structure, document structure etc.)
• Assistance in the opening discussions with potential buyers and in the drafting of confidentiality documents (Non-Disclosure Agreements), offers and letters of intent
• Collection and compilation of data and operation of virtual data room
• Due diligence report and secure virtual data room
• Setting up a virtual data room (VDR) for due diligence and administration of the data room, including assistance in the Q&A process
• A project leader who plans the transaction process so this may be expedited as efficiently as possible from the seller’s point of view
• Negotiation with potential buyers
• Counselling on the possible outcomes so that the seller can take out M&A insurance. In such instances, we assist in negotiations and in the collaboration with the insurance company/broker
• Preparation, negotiation and signing of conveyance agreement and other agreements
• Completion of closing

We have our own secure virtual data room – DAHL DealRoom. This solution can be used by several bidders and contains a Q&A module and an activity reporting module for users. 

Sale preparation Does your business need to be readied for sale?

We also assist with the process of readying a business for sale. In connection with preparing a business for sale we work with a customised concept in which we help you to optimise the business and prepare for exit with a simple to-do list that is easy to come to grips with.

You will also receive help to optimise reporting on the business and in drawing up documentation about the business. In addition, we help with preparing the virtual data room for a due diligence investigation.

Would you like to hear more?

If you have any specific questions regarding how we can help in selling a business or the opening steps in connection with a sale preparation, you are always welcome to contact one of our specialists.