Selling a family-run care business

29 February 2024

The property team provide experienced property support associated with a corporate transaction, such as the sale or purchase of a business. we work seamlessly with our corporate law, corporate tax and employment law teams to complete the deal efficiently.

In recent years, we have built up a particular specialism in the care sector: including childcare, residential care and adult social care.   These businesses can range from family led businesses to large corporate organisations with a varying number of properties owned or leased by the business. Our team have built up specialist knowledge in this sector which allows us to provide expert advice to our clients in respect of the assets that they are acquiring or selling. 

When recently acting on behalf of a seller who was selling a family-run business, we used our expertise and sector knowledge to consider the regulatory requirements and issues that may affect our client’s business. We were able to strategically guide our client through the due diligence and disclosure process and anticipate what matters may be specifically detrimental to a buyer in this sector. We worked with our clients to provide a solution early on in the transaction.

Our property team recognise that every business deal is different, and we place importance on investing time with our client at the outset to understand their business, how it operates and the deal that has been agreed. We are flexible in our approach and ensure that our clients are provided with the correct level of support to adhere to the timeframes that had been agreed between the parties.

We have built up relationships with local surveyors who benefit from specific sector knowledge and other professionals who can provide assistance to our clients in respect of asbestos reports or building surveys. Not only does help our clients locate other professionals, they can be assured that they will receive an excellent quality service.

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