A difficult financial climate presents opportunities for ambitious clients to buy business or assets from administrators or receivers or via the pre-pack route. If you have plans to acquire a business that is in financial difficulty, your professional advisers need to be proactive and understand the commercial realities. We regularly advise actual and potential acquirers of business and assets from insolvecy practitioners.
Our multi-disciplinary team has extensive experience in acquiring businesses in financial difficulties. We have a strong track record of creating and delivering acquisition opportunities in the current economic climate. We have the resources and knowledge to make sure this specialised, difficult and demanding role is performed as it needs to be.
Here's how we can help
We can advise on all the issues that may arise in connection with the acquisition including:
- when is the right time to buy – before, during or after administration;
- whether a pre-pack is appropriate;
- how to structure an offer to make it attractive to an administrator;
- the impact of TUPE and associated employment risks;
- dealing with the landlord of leasehold property in relation to ongoing occupation and assignment of any lease;
- putting in place asset finance or other funding for the acquisition; and
- the risks involved in buying from an administrator.
What people say about us
"It was recommended to us that we would require third party advice and we enlisted the support of Muckle LLP who advised on the set up of ADM Pressings Limited and the acquisition of the business from the administrators. The input from Muckle really drove the process forward and ensured that the deal was completed as quickly as possible. The effort that Muckle gave was first class."
Andy Wingfield, Widney Pressings
"The firm enjoys a good reputation for the strength of its restructuring and insolvency practice. The team frequently advises on corporate restructuring, administration and liquidation and on the acquisition of businesses and assets from administrators."
Chambers & Partners 2012