Peddycord Law advises buyers, sellers, companies, and business owners throughout California on small business acquisitions, business sales, buyouts, and internal ownership transitions. Services range from transaction structuring and letters of intent through legal due diligence, definitive agreements, closing, and related post-closing matters.

Buying or Selling a Small Business

Representation in asset purchases, stock purchases, membership interest purchases, and other equity transactions. Services include purchase agreement drafting and negotiation, seller financing, transition agreements, and closing documents.

Shareholder and Co-Owner Buyouts

Assistance with buyouts involving shareholders, LLC members, partners, founders, and other co-owners.  Transactions may include company repurchases and redemptions, purchases by remaining owners, cross-purchases, and membership interest purchases.

Services include structuring the buyout, documenting payment terms, preparing promissory notes and releases, obtaining required approvals, and updating the company's governing documents.

Sales to Employees or Management

Structuring and documenting sales or transfers to key employees, managers, and other internal successors. These transactions may involve an immediate or phased ownership transfer, seller financing, continued involvement by the seller, transition arrangements, and new governance rights and responsibilities.

Business Counsel

Other services include entity formation and conversion, corporate governance, shareholder agreements, operating agreements, commercial contract drafting and negotiation, and outside general counsel services.

Peddycord Law also advises B Corps, California benefit corporations, and other mission-driven companies on matters affecting their formation, operations, governance, and ownership.

Learn more about us and our approach.