Selling A Business Or Planning For Succession

Selling a business or crafting an ownership succession plan to transfer control of it to another person is very important to business owners. It has to be done with awareness of multiple factors and include appropriate protections for the future.

At Stephenson Fournier in Houston, our lawyers have the business sense to craft such agreements effectively. We have a proven track record of helping business owners reach their goals — and that include their goals for stepping away from the business through a strategic sale or succession arrangement.

Customized Services To Meet Your Needs

We handle the full spectrum of business sale transactions, including asset sales, equity sales and management buyouts, and our clients benefit from our extensive knowledge of state and federal laws and regulations affecting these types of transactions. Among other things, these laws and regulations address tax matters, environmental issues, ERISA and other areas of concern relevant to sellers.

Getting to the finish line of a deal to sell a business requires no shortage of subtlety. It includes the ability to manage multiple stakeholders such as lenders, other creditors and third-party contracts that may require consent to a sale. Tax considerations are another key element, among the many conditions required for a complex deal.

Our firm has the knowledge and practical orientation to bring it all together. We are also well-aware of the unique dynamics of particular industries and what to look out for. In the real estate industry, for example, there tend to be numerous environmental and regulatory issues that must be addressed.

No matter what the specifics are, we will guide you confidently in moving forward to accomplish your goals.

Effective Succession Planning

In conjunction with the firm's estate planning practice, our attorneys also offer personalized business succession planning services designed to protect each client's interests, achieve his or her personal and business goals, and ensure smooth transitions with minimal disruption of business operations.

Taking Action

Contact Stephenson Fournier online or at 713-629-9494.