Some business owners buy an existing business to reduce their risk when launching a new venture. Sellers only get one shot to harvest what they have spent a lifetime building.
Whether you are the Buyer or the Seller, people need experienced legal advice and financial planning to achieve the best results.
As one of Syracuse’s most experienced M&A attorney, I can provide the guidance and support you need for a successful transaction.
“… Matt provided quality legal strategy and counsel at a time my company was growing more than 100% a year. His fast-paced work was flawless and made it easier for us to be prepared for an eventual acquisition.”
Brian Cohen | Professional Angel Investor, Author
You are looking for the best business attorney in your area, at an affordable price.
You may be looking to cash out after a lifetime spent building up your business, fund your retirement, or help provide for your children or grandchildren. You may be interested in transitioning your business to your adult children or your trusted employees. Choosing the right attorney makes all the difference in the outcome of your transaction.
Buying a business allows you to become your boss, and build up assets for the future. You must have a lawyer who understands business valuation, due diligence investigations, employee benefits, regulatory compliance, the tax implications of the transaction, how to read financial statements and business tax returns to ensure you get the best deal.
As the client, you decide the ultimate questions. But my job is to make sure that you have thought through the consequences as the transaction takes shape. Once they get started, a deal can take on a life of its own, so it’s important to have someone who knows how to manage the process for you, and to keep things moving forward.
In the last 20 years, Matt Van Ryn Law has helped dozens of people buy or sell their business, securing their financial futures.
Good M and A attorneys know: Mergers and acquisitions are not “cookie cutter”. Buyers shouldn’t always automatically prefer Asset Purchases, for instance.
Changing a business’s corporate ownership might require the company to enter into new leases, license agreements, portfolio company, or government registrations, or else face an interruption of revenues. There may be costs or benefits of one approach or another that may not have been obvious when you first thought about the transaction. These could range from licensing to continuing professional education or other compliance requirements as a result of moving into a new territory.
In my experience, the key is for the client to not fall in love with an expected outcome, to understand that transactions are always a dynamic process, and you have to “ride the wave” to a certain extent.
Financing is also usually an issue – will your buyer have cash, or require bank or seller financing? Is the seller willing to take back a note for a portion of the purchase price? What about security and collateral?
Partnership and Buy-Sell agreements are often involved in these transactions. Will the owner stay on as a consultant? For how long? There are risks to former owners staying on for too long after the closing of a sale. In fact, this is where many deals “go south”, post closing.
Each case is unique. Put our corporate law experience to work evaluating your options, including private equity and other options for how to finance your purchase of the business.
If you want to take out a loan or line of credit for your business, shop for good terms, but talk to me, a Syracuse business attorney, before you sign a commitment letter from a lender or investor. Because once you’ve signed a commitment letter, you’ve lost most of your bargaining power.
The most important consideration to me, when you’re taking out a commercial loan, is to ensure that the bank or institutional lender gives you written notice of any alleged payment default.
When it’s your business, you don’t want to show up for work one day, and find yourself and your employees locked out, because a computer (or person) misapplied a payment. Mistakes by banks happen every day. Wrongful foreclosures were just the subject of a new law in New York State in 2023. Protect yourself. There is no reason a bank can’t tell a local business that they may have missed a payment before they start foreclosure proceedings.
Unfortunately, this is NOT the case in most banking agreements these days. And while you “might” make an argument against written notice to residential tenants “unnecessarily” delaying an eviction, local businesses provide jobs in our communities, and are due a modicum of respect and decency without having to fight for it with banks and their lawyers.
Entrepreneurs raise investment capital to buy or launch a business in a privately-held company. Knowledge of tax issues, security and acquisition law expertise is essential.
Our merger and acquisition lawyer has helped many entrepreneurs raise seed or first-round investment capital. We prepare investment documents, develop innovative solutions to raise capital, and negotiate transaction documents with private equity firms, buyers, or sellers.
We have licensed patented college research for commercialization by private investors with Cornell University, Syracuse University, the United States Army, and SUNY Upstate Medical Research Center.
Tech transfer offices are charged with commercializing government-sponsored (tax-sponsored) research to grow markets to provide these services in the future. We have seen many tech companies spawned out of defense contracting, engineering, clean tech, indoor air quality, software, drones and UAS systems for all sorts of new applications.
You do not have to be an inventor to lead a tech start-up, just an investor with an idea, and the willingness to take a chance.
I have been a founder and/or an owner/investor of several start-ups over the last 20 years. Those industries include software for the dairy industry, a health supplements and cancer treatment business built around fruit and berry extracts, educational software and several others.
We have over 30 years of commercial litigation and intellectual property licensing experience — from copyrights and trademarks to patents and trade secrets. We have litigated disputes over IP on behalf of our clients.
Today’s Tech Investment space is dynamic and changing. Many new investment vehicles, such as SAFEs, are very favorable to Founders and later investors, but are a bad deal for early investors in the Angel and Seed Round stages. Talk to me, a Syracuse M&A attorney, for insights into VC investment trends.
At MattVanRynLaw.com, we offer specialized legal services tailored to meet the unique needs of businesses in Syracuse, NY. With a focus on providing strategic counsel and effective representation, our team specializes in the following areas:
Startup Business: Our startup business lawyers provide comprehensive legal support for new businesses, including business formation, contract drafting, and compliance advice. We understand the challenges of starting a new venture and are here to guide you every step of the way.
Private Placement: Our private placement attorneys assist clients in securing investment opportunities and drafting partnership agreements. We understand the importance of strategic partnerships in business growth and work diligently to help you achieve your financial objectives.
If you’re in need of experienced legal representation for your business in Syracuse, NY, contact MattVanRynLaw.com today. Our team is dedicated to providing you with the highest level of legal service and support for all your business law needs.
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Matt Van Ryn Law has the big firm / big corporation experience of a much more expensive big city firm. And we pride ourselves on providing great communications, responsiveness and a willingness to go the extra mile to get your best result.
