Company purchase agreement

Shares and cash deal
Recommended
Bespoke Drafting

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

This is a sale agreement for a company in any industry where the purchase price is paid part in cash and part in the shares of the acquirer.
Compliant
Compliant with the latest law in
  • England & Wales
  • Scotland
Document propertied
Document properties
  • Length:26 pages (7000 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
watertight guarantee
Backed by our watertight guarantee

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

writing in plain english
Written in plain English

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

Notes
Guidance notes included

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
Support from our legal team

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
Sample company purchase agreementSample page from the company sale agreement for shares and cash

Choose the level of support you need

Document only

Complete the document template yourself using our guidance notes
£94.80 (incl. VAT)
Save with a membership
  • okComprehensive template covering legal and practical points
  • okDetailed guidance notes a step-by-step instructions to help you complete your document with confidence.
  • okUp to date with latest law our lawyers regularly review how new relevant law affects each document in our library
  • okWritten 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
  • okSupport from our legal team email us with questions about editing your document
  • okMoney back guarantee that if the document isn't right
Most Popular

Lawyer Assist

Support from our legal team during and after editing
215 Reviews
£394.80 (incl. VAT)
Save up to 40% with a membership
  • okComprehensive template covering legal and practical points
  • okDetailed guidance notes a step-by-step instructions to help you complete your document with confidence.
  • okCustom workspace - get expert answers fast: a dedicated space for priority expert assistance, keeping you on track.
  • ok
    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

Drafted for you, to your precise requirements
from
£1,000.00 (incl. VAT)
Save up to 10% with a membership
  • okA document drawn just for you to your exact requirements
  • okPersonalised service provided by an experienced solicitor
  • okFree discussion before we provide an estimate, for you to ask questions and for us to understand your requirements
  • ok
    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
  • okCareful and thorough consideration of your circumstances and your consequent likely practical and legal requirements
  • okProvision of options that you may not have considered with availability for discussion
  • okHelp and advice woven into the fabric of our service so that you can make the best decisions
Membership plans

Standard

For occasional users of small businesses and start-ups
£95.00 per year
no auto-renewal
Save on average £270*
  • Documents included
    (average document price £37)
    10
  • Lawyer Assist Service included
    (average price £196)
  • Discount on further Lawyer Assist
    30%
  • Discount on Bespoke Drafting
  • Telephone support
  • Priority email support
    ok

Professional

For larger businesses and professional service firms
£195.00 per year
no auto-renewal
Save on average £718*
  • Documents included
    (average document price £37)
    25
  • Lawyer Assist Service included
    (average price £196)
  • Discount on further Lawyer Assist
    40%
  • Discount on Bespoke Drafting
    10%
  • Telephone support
    ok
  • Priority email support
    ok

Professional Plus

For more frequent users of Lawyer Assist
£375.00 per year
no auto-renewal
Save on average £929*
  • Documents included
    (average document price £37)
    25
  • Lawyer Assist Service included
    (average price £196)
    2
  • Discount on further Lawyer Assist
    40%
  • Discount on Bespoke Drafting
    10%
  • Telephone support
    ok
  • Priority email support
    ok
* Calculated on the basis of average price.
© 1999 - 2025 Net Lawman Limited.
All rights reserved