Buying & Selling a Business in British Columbia

Buying and selling a business is a complex affair. There are many aspects to consider, from the structure of the deal to financing and your contractual obligations.

Successfully navigating this complexity requires good business sense, strategy, and ongoing guidance from trusted experts. At EKB, we have over 50 years of experience helping clients obtain favourable outcomes. Whether you’re looking to purchase a promising business or to achieve a successful exit, we can help. 

Important considerations, common pitfalls to avoid, and proven strategies are included in our in-depth guide, Buying and Selling a Business in BC, available at the link below. Some of the topics covered include:

Building A Team

People looking to buy or sell a business are talented and skilled business operators. What they don’t usually have, however, is a wealth of experience going through the process of buying or selling a business. For this reason, it can be critical to assemble the right team of experienced advisors. Even a veteran dealmaker with multiple successes will want or have a good team to act as a sounding board and to ease the administrative burden of managing the details that go into a deal.

Key roles you will need to ensure are expertly staffed are risk management, market intelligence, deal marketing, project management, and taxation. Different types of advisors you’re likely to encounter on a deal include: legal counsel, accountants, investment banker/broker, and other specialists. 

Closing The Transaction 

After weeks or months of tough negotiations, an exhaustive due diligence investigation, and multiple meetings with regulators, advisors, and consultants, the parties have agreed on terms and finalized the documents. All that is left between you and the purchase or sale of this great business is the much anticipated “closing.” But wait, what exactly does a closing entail? 

Get The Guide

To learn about this all-important stage and more, download our detailed guide to the important stages and aspects of buying or selling a business.

 

About Fraser

Fraser Hartley has worked with clients on a range of transactional matters, with a focus on corporate financings, mergers and acquisitions and financial restructurings. In addition, he provides advice on corporate governance and securities compliance issues and general corporate and commercial matters.

Fraser has acted for domestic, U.S. and international public and private companies and has significant experience acting for financial institutions in public and private capital markets transactions, secured lending and acquisition financings.

Prior to joining EKB, Fraser worked at an international law firm based in New York, practising U.S. law and also as legal counsel at a major U.S. investment bank supporting capital markets transactions.

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