The Middle Ground

A GUIDE TO DEAL TERMS IN PLAIN ENGLISH


+ Introduction

+ Purchase and Sale

+ Closing

+ Representations & Warranties - Seller

+ Representations & Warranties - Buyer

+ Covenants

+ Conditions to Closing

+ Indemnification

+ Termination

+ Miscellaneous

Disclaimer


The contents of this guide do not constitute legal or investment advice, and should not be relied upon for such purposes. The suggestions provided herein are meant to provide a general idea of the deal terms that can be expected in the acquisition of a business operating in the lower middle market (under $100 million in enterprise value), and are not tailored to the particularities of any specific acquisition.

A business acquisition is a highly customizable transaction that should reflect the needs and interests of the parties involved, and should only be undertaken with the help of competent professionals (attorneys, accountants, tax advisors, etc.) with acquisition experience.