A management buyout occurs when a company’s existing management team purchases the business from its current owners. MBOs often arise during succession planning, strategic exits or investment opportunities. They require careful legal structuring, balanced negotiation and robust documentation to protect all parties involved.
We support management teams and owners through the structuring, funding and negotiation of MBOs. Our advice is directed to our client’s commercial objectives while identifying the interests of lenders, investors, sellers and other stakeholders that must be addressed for the transaction to proceed.
We provide end to end support throughout the entire buyout process:
- Deal structuring — Advising on the most effective legal and commercial structure for the buyout.
- Funding arrangements — Coordinating lender requirements, investor terms and security documentation.
- Share Purchase Agreements (SPAs) — Drafting and negotiating the main agreement governing the sale.
- Warranties & indemnities — Ensuring risks are allocated fairly between management and sellers.
- Governance changes — Updating board structures, shareholder arrangements and constitutional documents.
- Completion & post completion — Managing signing, payment, share transfers and Companies House filings.
