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$1.8M Acquisition Saves Buyer from Tax Liability

Practice Area

Small Business Acquisition

Challenge

A first-time buyer was acquiring a local home services company but encountered challenges with due diligence, including unclear financials and potential undisclosed liabilities.

Approach

Our team conducted a detailed due diligence review, uncovered issues with payroll tax compliance, and revised the purchase agreement to include indemnity protections and holdbacks.

Result

The buyer completed the transaction with full legal protection and avoided assuming unexpected debt. The business was integrated smoothly, and profitability increased by 18% within six months.

Photo by Ryan Clement.

Ryan Clement

JD/MBA
Founding Attorney
Ryan Clement is a business attorney with nearly two decades of experience, providing practical legal solutions informed by his background in the tech industry.

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