MERGERS & ACQUISITIONS
The partners of BLM Avocats have a solid experience in the field of acquisition and divestment of businesses, whether through the sale and purchase of shares, business branches, assets or other ongoing businesses, and whether in the context of structured sales or direct negotiations.
These transactions concern both small and midcaps and multinationals and, although the size of a transaction does not necessarily reflect its complexity, deal values range from less than five to more than 300 million euros.
BLM Avocats thus accompanies its clients, both in France and abroad, in each stage of the transaction, including:
- The drafting of preliminary agreements: non-disclosure agreements, letters of intent, memoranda of understanding, offers
- Due diligence reviews, analysis and reports
- The drafting of relevant transaction documents: sale and purchase agreements, put and call options, protocols and various related agreements (shareholder agreements, loan agreements and security agreements)
- Assistance in negotiations (valuations, deal structures and warranties and indemnities)
- Organisation and coordination of completions/closings
- As needed, integration of the target business in the purchaser’s structure
The partners of BLM Avocats work together on most transactions and, depending on their client’s wishes, in close collaboration with the client’s internal team and their advisors (investment banks, financial advisors, lenders and/or other lawyers, notably in foreign jurisdictions…).
They also accompany clients in their acquisition of distressed businesses before French commercial courts and assist them in all stages of the procedure (audits, exchanges with the various bodies involved in the procedure, drafting and presentation of the takeover offer, hearings, negotiation and drafting of the transfer deed and legal formalities).