Business Purchase Agreement Review Attorney
Noffke Law reviews and negotiates business purchase agreements for sellers - the contract where the deal becomes binding. We scrutinize the terms that decide how much you keep and what risk follows you: representations and warranties, indemnification, escrow, earnouts, covenants, closing conditions, and restrictive covenants.
Reps, Warranties, and Indemnification
Representations and warranties are factual statements about the business; if they prove inaccurate, indemnification provisions decide who pays. We negotiate scope, survival periods, caps, baskets, and escrow to limit a seller's post-closing exposure.
Escrow, Holdbacks, and Earnouts
A portion of the purchase price is often held back or tied to future performance. We negotiate the size, release timing, and measurement mechanics so deferred consideration is fair and actually reachable.
Covenants and Closing Conditions
Pre-closing covenants govern how you must run the business between signing and closing; closing conditions determine when the buyer must actually pay. We make sure these are achievable and not a back door to renegotiation.
Restrictive Covenants
Non-competes and non-solicits can restrict what you do after the sale. We negotiate scope, duration, and geography so they are reasonable and don't prevent your next chapter.
Frequently Asked Questions
The most consequential terms are the representations and warranties, covenants, indemnification, escrow or holdback, earnout, closing conditions, and restrictive covenants. Together they determine how much of the purchase price the seller keeps and what risk survives closing.
Ready to Work Together?
Let's discuss how Noffke Law can become a trusted extension of your team with strategic, practical legal counsel that protects value and drives growth.