MERGER & ACQUISITION SOLICITORS
Buying or selling a business is a significant commercial decision that requires careful planning, thorough investigation and clear legal documentation. Our corporate solicitors provide practical advice throughout the transaction, helping you manage risk and achieve your commercial objectives including securing the best deal. Whether you are acquiring a company, selling your business or reorganising ownership, HM3 Legal will guide you through each stage of the process and work closely with your accountants, tax advisers and other professional representatives to provide a holistic service.
We are experienced mergers and acquisitions solicitors
Mergers and acquisitions can involve complex financial, legal and operational considerations. Early legal advice can help you structure the transaction effectively, identify potential risks, prevent unnecessary delays during negotiations, and maximises returns.
Our corporate law solicitors advise business owners, shareholders, directors, investors and management teams on complex transactions across a wide range of sectors. We provide commercially focused advice while ensuring the legal documents protect your position and reflect the agreed terms.
We can advise you on:
- Company acquisitions.
- Business and asset purchases.
- Company and business disposals.
- Share purchases and sales.
- Management buyouts.
- Management buy ins.
- Due diligence.
- Heads of terms.
- Share purchase agreements.
- Asset purchase agreements.
- Warranties and indemnities.
- Disclosure letters.
- Corporate reorganisations.
- Transaction funding.
- Post completion requirements.
Our merger and acquisition solicitors
Anne Scheland
Partner & Head of Corporate Law
Jessica Cox
Associate
Georgina Anwyl
Senior Associate
Daniela Keogh
Trainee Legal Executive
Mergers and acquisitions legal services
Buying a business or company
Acquiring a business can provide access to new markets, customers, expertise and commercial opportunities. Yet the transaction may also expose the buyer to financial, contractual and operational liabilities that require careful investigation. Our corporate solicitors can advise on the most appropriate transaction structure, whether you are purchasing shares in a company or acquiring selected business assets. We will conduct legal due diligence, review key contracts (including supplier and employee terms) and identify matters that could affect the price, timetable or viability of the company acquisition.
We can prepare and negotiate heads of terms, confidentiality agreements, purchase documents, warranties, indemnities and completion arrangements. HM3 Legal will work with your wider advisory team to ensure the legal structure supports your commercial objectives and that you understand the obligations and risks you will assume following completion. Bringing lawyers early into negotiations can ensure more favourable terms.
Selling a business or company
Preparing properly for a sale can improve the value of your business, reduce transaction delays and place you in a stronger negotiating position. Our solicitors can help you identify and address potential legal issues before the buyer begins its investigations. We will advise on the proposed deal structure and prepare the documentation needed to support the sale. This can include heads of terms, confidentiality agreements, disclosure letters, board resolutions and the principal purchase agreement and achieve the best deal possible.
Our team can negotiate warranties, indemnities, restrictive covenants, deferred consideration and completion conditions while protecting your commercial and financial interests. We will also respond to the buyer’s due diligence enquiries and coordinate with your accountants and tax advisers. HM3 Legal will help you progress the transaction efficiently while keeping your priorities, liabilities and desired outcome at the centre of negotiations.
Management buyouts and corporate transactions
A management buyout can allow an existing leadership team to acquire ownership of the business it already manages. These transactions require careful planning to address valuation, funding, ownership, management responsibilities and the relationship between the buyers and outgoing shareholders. Our corporate law solicitors advise management teams, sellers and investors throughout the process. We can establish acquisition vehicles, prepare shareholder agreements, review funding arrangements and negotiate the documents required to complete the transaction.
We also advise on management buy ins, corporate reorganisations, share exchanges and transactions involving multiple companies or investor groups. Our commercially focused approach helps all parties understand the proposed structure, their future responsibilities and the risks involved. HM3 Legal will coordinate each legal stage and work towards a transaction that supports the continued success of the business.
Our legal offices
Chester
George Street
Chester
CH1 3EQ
Liverpool
Tithebarn Street
Liverpool
L2 2QP
Manchester
Woodlands Road
Altrincham
WA14 1HF
Wirral
Monks Ferry
Birkenhead
CH41 5LH
Reasons to instruct HM3 Legal
Plain English promise.
A jargon and waffle-free zone. Helping you to understand your options and make the right decisions.
No chase pledge.
Peace of mind. Removing the frustrations of wondering where things are up to and what is next.
Fixed fees options.
Removing uncertainty. With fixed fee options and clear pricing we will not land you with a surprise bill.
One central point of contact.
Looking at your needs holistically. Chances are, your business operations do not work in silos so neither do we.
Merger & acquisitions key contact: Anne Scheland
Head of Corporate & Commercial
Anne Scheland is a highly experienced corporate lawyer who advises shareholders, directors and business owners on complex commercial matters. With over 25 years’ experience, she specialises in mergers and acquisitions, business sales, management buyouts, reorganisations, employee incentives and shareholder arrangements. Recognised as a Leading Individual in the prestigious Legal 500 publication, Anne is known for her direct, commercial approach and ability to explain complex issues clearly while finding practical solutions that protect her clients’ interests.
Are you planing to buy or sell a business?
A successful merger or acquisition requires more than an agreement on price. The transaction structure, due diligence findings, contractual protections and completion arrangements can all affect the final outcome.
Our approachable corporate solicitors will take time to understand your priorities and provide advice tailored to the size and complexity of the transaction. We can represent your strategic business interests from initial negotiations and heads of terms through to completion and post completion requirements.
Contact HM3 Legal today to discuss your proposed company plans, business acquisition, company sale or corporate transaction.
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He is a credit to HM3 legal
This year they were asked to make some changes and redraft and set up two LPAs. What they did was to farm out this task to a bunch of total cowboys working out of Manchester or Derbyshire(who knows?). This company has proved to be unprofessional and unbusiness-like (1.6/5 on Trust Pilot!). I asked Hillyer and McKeown (who have been taken over yet again) why this had happened without us being told and not agreeing to this and was told,”It’s what we do now. I can’t give you any more information.”
The “agency” as they are called the company are already not returning phone calls nor acknowledging e-mails…although they’ve taken all our money before we’d even signed a letter of engagement.
I can’t believe this is allowed to happen and will be taking further action. In the meantime they Hillyer and McKeown (HM3 Legal now) won’t be getting any more work from this estate.
Who sub-contracts work to a company with a 1.6/5 rating? Obviously somebody who couldn’t care less about their clients. To say I’m annoyed with them is an understatement !
During my visits to the Chester office, I was always treated well by all members of the team.
All my queries were resolved in a satisfactory manner, and I now have the safe knowledge that my will has been updated.
My only negative is your introduction, in that you addressed me as Barry James. The latter is indeed my middle name, but not my surname..
Deana has been extremely proactive employing her natural communication skills, moving the process forward very quickly, and achieving a swift conclusion. She explained the legal jargon clouding the agreement, putting it into straightforward language. Making it clear to understand, and combined with her most amiable manner, Deana ensured the process was both pleasant and enjoyable, whilst maintaining a highly professional legal service.
I can wholeheartedly and without any reservation recommend the services of HM3 Legal for top notch advice, service and speed.
Thank you.
The advisory team, led by Justine and supported by Megan and Deana, has done a fantastic job. They consistently exceeded my expectations, managed all communication seamlessly, and kept me proactively updated at every stage of my case. Their fee structure was entirely transparent, I was always informed of the costs upfront before any work started.
I would not hesitate to use their services again.
Throughout the last 5 months, Deana has been straight forward in her advice, being true to her word from day one. She is honest, avoids talking jargon and took into consideration the needs of the people involved and their personal circumstances.
The entire team at HM3 have treated us with the upmost compassion and we never once felt overwhelmed with the information and advice we were given. Deana worked at our pace and ensured we never felt pressured. She continually reassured us with our questions and concerns though our the entire relationship.
Highly recommended and thank you so much for all your support. We will always be grateful
Would recommend
I would definitely use HM3 Legal myself and recommend anyone in need of a trusted firm..
She was prompt with communications and kept us informed in the process.
We managed to recover 75% plus of money after more than a year of back and forth.
Thank you.
The whole team are responsive and demonstrate a real desire to provide guidance across a range of disciplines. .
HM3 Legal delivered better service than expected and I would highly recommend them for wills and estate planning.
Robbie Oates was also great at keeping me updated throughout and nothing was too much trouble.
This is not a nice thing to have to go though but thanks to Holly and Robbie, I felt fully supported the whole 2 years 7 months through! I would definitely say they both provided a WOW service.
Ian reviewed the lease promptly, identified the key issues, and explained everything in a clear, concise and easy to understand way. Rather than overwhelming me with legal jargon, he provided practical advice that gave me complete confidence in the decisions I needed to make.
The whole team were professional, responsive and a pleasure to deal with throughout. Their excellent communication and attention to detail made what could have been a complex and time consuming process feel straightforward and stress free.
If you're looking for commercial solicitors who combine first class legal expertise with exceptional client service, I wouldn't hesitate to recommend Ian Millington and the team at HM3 Legal.
Jill Walker
Managing Director
Indigo Home & Gift
I would highly recommend Clare to any of my peers. Her professionalism was exceptional.
From our initial meeting with Frances, we were informed of the methods and techniques to structure our wills in the most efficient formats.
Frances explained complex legal structures in easy to understand terms and was a pleasure to deal with.
Shannon was excellent with the back office work making sure everything came through promptly and in the right fashion.
Many thanks to everyone at HM3.
Only 4 Stars because we were never notified as to the change from Hillier & McKeown to HM3 Legal.
It was only when we wanted to alter the wills that by good fortune I still had phone number of Hamilton Square. Well done to Ceri for patience and knowhow.
Paul Roberts
They kept me informed at every stage, explaining any legal details in a straightforward and accessible way, which made what can often be a stressful experience feel much more manageable. Emails and calls were always responded to promptly, and I felt confident that everything was being handled thoroughly and carefully.
What really stood out was their attention to detail and proactive approach. Any potential issues were identified early and resolved quickly, helping to avoid delays and keep both transactions moving smoothly. We had a few challenges with the sale of our property, but the team provided clear solutions with phone calls to explain next steps and alternative options if we needed them/
I would highly recommend HM3 to anyone buying or selling a property. Their expertise, reliability, and friendly approach made a significant difference, and I would not hesitate to use their services again in the future.
They kept me informed at every stage, explaining any legal details in a straightforward and accessible way, which made what can often be a stressful experience feel much more manageable. Emails and calls were always responded to promptly, and I felt confident that everything was being handled thoroughly and carefully.
What really stood out was their attention to detail and proactive approach. Any potential issues were identified early and resolved quickly, helping to avoid delays and keep both transactions moving smoothly. We had a few challenges with the sale of our property, but the team provided clear solutions with phone calls to explain next steps and alternative options if we needed them/
I would highly recommend HM3 to anyone buying or selling a property. Their expertise, reliability, and friendly approach made a significant difference, and I would not hesitate to use their services again in the future.
She kept me posted at all times and always returned telephone calls.I recommend her.
They both have been very diligent, responsive and solid in their responses and actions.
I would highly recommend their services. Happy to expand on my experience if anyone would like to know more!
I’m very happy with the service. I would gladly recommend this firm to anyone looking for trustworthy legal assistance.
Fees were clearly explained before work commenced and were fair and competitive. I wouldn’t hesitate to recommend Ruth and HM3 to anyone seeking expert legal support with personal or family matters.
Merger & acquisition FAQs
What is the difference between a merger and an acquisition?
A merger generally describes two businesses combining to create a single organisation, while an acquisition involves one business purchasing another company or its assets. In practice, the legal structure may involve a share purchase, asset purchase, reorganisation or newly formed holding company. The most appropriate route depends on ownership, liabilities, tax considerations and commercial objectives. HM3 Legal can explain the available structures and advise which approach is most suitable for the proposed transaction.
What legal due diligence is required when buying a business?
Legal due diligence allows the buyer to investigate the business before completing the acquisition. It may cover corporate records, commercial contracts, employees, property, Intellectual Property (IP), disputes, data protection and regulatory compliance. A lawyer can complete these checks thoroughly and investigate the business proposition. The scope should reflect the size, sector and risk profile of the target business. Any concerns identified may affect the price, contractual protections or decision to proceed. HM3 Legal can conduct proportionate due diligence and explain the commercial significance of its findings.
What are heads of terms in a business acquisition?
Heads of terms record the principal commercial points agreed between the buyer and seller before detailed legal documents are prepared. They may cover price, payment arrangements, transaction structure, exclusivity, confidentiality and the proposed timetable. Most provisions are not intended to be legally binding, although certain clauses can be binding. Clear heads of terms can prevent misunderstandings and help negotiations progress efficiently. A solicitor should review them before signature to ensure they accurately reflect the intended transaction.
How long does it take to buy or sell a business?
The timescale depends on the size and complexity of the transaction, the readiness of the parties and the extent of due diligence required. A straightforward transaction may complete within several weeks, while a larger or more complex acquisition can take several months or longer. Funding, regulatory approvals, property matters and negotiations may also affect progress. Preparing key documents and resolving legal issues as early as possible in the planning can reduce delays and maximise returns. Your solicitor can provide a more realistic timetable after reviewing the proposed transaction.
What happens to employees when a business is sold?
The effect on employees depends partly on whether the transaction is structured as a share sale or an asset sale. In a share sale, the employer usually remains the same company. In an asset sale, the Transfer of Undertakings Regulations may apply and transfer employees to the buyer with their existing employment rights. Information and consultation obligations may also arise. Employment advice should be obtained early so that employee matters are managed correctly and do not delay the transaction. HM3 Legal can advise on the correct legal procedures for managing employees during a company sale.