Company purchase agreement

A document drawn just for you to your exact requirements. Free discussion before we provide an estimate. Fixed fee for each stage of work.
Key features

England & Wales
Scotland

- Length:26 pages (7000 words)
- Available in:
Microsoft Word DOCX
Apple Pages
RTF

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.
About this document
This is a straight forward purchase and sale agreement for a company in any business and of any size.
The purchase price could be any amount. Some of this would comprise an equity stake in the buyer (or a company owned by the buyer), with the remainder being cash.
The deal should be completed on the same day as payment is made.
The company being acquired may own leasehold, freehold or tenanted property.
Use of warranties
Despite being called a sale agreement, it is usually the buyer who draws up the first draft of the contract. This is because he or she is at risk from issues that only become known after the purchase. In order to reduce these risks, it is commonly accepted practice for the seller to give warranties that cover all aspects of the business. That means that the seller warrants that statements made during the due diligence process are true. If it subsequently turns out that the information was false, the buyer can seek appropriate reimbursement.
If you are the buyer, there is advantage in choosing from the wide selection of warranties we include in this document. If you are the seller, likewise, there is advantage in being the party to present the first draft to the other, but rather because you can reduce the warranties you give.
You will also receive an example disclosure letter in this pack. We have provided a format that gives an indication of how such a letter works and a style you could use.
The document includes 115 individual warranties in sections relating to:
- General
- Company structure and operation
- Accounts
- Cash flow
- Taxation
- Guarantees and borrowing
- Assets
- Trading and contracts
- Exceptional regulations
- Properties, including those let by the company
- Employment
- Pensions
- Insurance
- Intellectual property
- Information technology
Revisiting any shareholders' agreement
As this deal entitles the seller to receive shares, immediately on completion of this agreement, the seller should enter into a shareholders' agreement with the existing shareholders of the buyer. All of the detailed control is best exercised through a shareholder agreement. You could use any of the Net Lawman shareholder agreement templates for UK companies.
Other similar templates
We also have documents to sell not a company but a business as a going concern. If you are not buying all of the shares in a company, you need a share sale agreement.
Contents
- Agreement for sale
- Purchase price and how made up
- New shares to be issued by buyer
- The retention against warranty or other claims
- Additional price to be paid for performance over target
- Completion of the deal and delivery of documents
- Warranties applicability
- The warranties
- Trustees limited Warranties
- Restrictive agreement to prevent sellers from competing afresh
- Sellers protection provisions
- Guarantee provisions
- Buyer acknowledgement of inspection
- Various legal provisions usual in a document of this type
- Shareholdings
- The warranties
- Particulars of the properties
- Pension arrangements
- Sums for calculation of additional price

Choose the level of support you need
Document only
Comprehensive template covering legal and practical points
Detailed guidance notes a step-by-step instructions to help you complete your document with confidence.
Up to date with latest law our lawyers regularly review how new relevant law affects each document in our library
Written in plain English avoiding legal terminology unless necessary. plain English makes our documents easy to understand, easy to edit and more likely to be accepted
Support from our legal team email us with questions about editing your document
Money back guarantee that if the document isn't right
Lawyer Assist
Comprehensive template covering legal and practical points
Detailed guidance notes a step-by-step instructions to help you complete your document with confidence.
Custom workspace - get expert answers fast: a dedicated space for priority expert assistance, keeping you on track.
- Review of your edited document by our legal team including:
- understanding your requirements
- checking that your document will achieve your goal
- reporting on whether your changes comply with the law
- answering your questions about how to word a new clause or achieve an outcome
- checking that your use of defined terms is correct and consistent
- correcting spelling mistakes
- reformatting the document ready to sign
Bespoke
A document drawn just for you to your exact requirements
Personalised service provided by an experienced solicitor
Free discussion before we provide an estimate, for you to ask questions and for us to understand your requirements
- Transparent fees
- fixed fee to draw a document to your initial instructions
- additional or changed instructions charged either at fixed rates or on a time basis as agreed with you
- no charges for office overheads or third party disbursements
Careful and thorough consideration of your circumstances and your consequent likely practical and legal requirements
Provision of options that you may not have considered with availability for discussion
Help and advice woven into the fabric of our service so that you can make the best decisions
Standard
- Documents included10
(average document price £37) - Lawyer Assist Service included
(average price £196) - Discount on further Lawyer Assist30%
- Discount on Bespoke Drafting
- Telephone support
- Priority email support
Professional
- Documents included25
(average document price £37) - Lawyer Assist Service included
(average price £196) - Discount on further Lawyer Assist40%
- Discount on Bespoke Drafting10%
- Telephone support
- Priority email support
Professional Plus
- Documents included25
(average document price £37) - Lawyer Assist Service included2
(average price £196) - Discount on further Lawyer Assist40%
- Discount on Bespoke Drafting10%
- Telephone support
- Priority email support
All rights reserved