A management buyout (MBO) describes a transaction when the existing management team of a business purchases all or part of that business from its current owners. A management buy-in (MBI) is similar to an MBO, but external managers lead the acquisition.
A buyout can be an exciting and lucrative opportunity for those involved but it can also be stressful and time-consuming, especially when combined with the responsibilities of the day-to-day running of the business. There are complex legal and financial issues to grapple within a business purchase and having a clear strategy in place at the outset can make it easier to tackle such issues.
It is vital to seek the advice and assistance of a legal professional in order to achieve swift and successful completion of the MBO. The right solicitor can support the parties throughout the process and help alleviate some of the pressures that inevitably occur.
Farleys have a dedicated team of corporate solicitors with practical experience in co-coordinating all types of corporate transactions, including management buyouts and buy-ins. We will quickly establish your business objectives and provide expert advice and assistance throughout the buyout process.