By Alex Lubyansky Managing Partner Last updated
Acquisition Stars advises buyers and sellers on behavioral health acquisition attorney matters across Minnesota.
Serving 1 market across Minnesota.
Request Engagement AssessmentAcquisition Stars advises buyers and sellers on behavioral health acquisition attorney matters across Minnesota. Acquisition Stars helps clients with healthcare acquisitions and works with independent healthcare regulatory counsel on the regulatory work. An associate supports the M&A work. We tell you who would handle your matter before any introduction, and you decide whether to proceed.
Share your transaction stage, the help you need and any relevant deadline to request an engagement assessment.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Acquisition Stars represents clients in each of the following markets. Click any city to learn about behavioral health m&a legal services services in that area.
Banned entirely (effective July 2023). Sale-of-business exception for 25%+ owners.
Banned effective July 1, 2023. Minnesota Statutes Section 181.988 voids all non-compete agreements entered into after July 1, 2023, with a narrow exception for the sale of a business (where the restricted party has an ownership interest of at least 25%). Non-solicitation and confidentiality agreements remain enforceable.
Minnesota imposes a 9.8% corporate franchise tax, one of the highest in the country. The state uses mandatory combined reporting for unitary groups, single-factor sales apportionment, and market-based sourcing. The high rate significantly affects deal structure and often drives structuring to minimize Minnesota-sourced income.
Entity mergers and conversions are filed with the Minnesota Secretary of State. Annual renewals are required. The Department of Revenue requires tax clearance for asset purchases. Regulated industries (insurance, banking, utilities) require separate approvals.
Minnesota has repealed UCC Article 6 (Bulk Sales). Minnesota Statute Section 270C.58 requires buyers of business assets to withhold a sufficient amount of the purchase price to cover the seller's unpaid state taxes, unless a tax clearance certificate is obtained from the Minnesota Department of Revenue.
Acquisition Stars handles M&A transactions for Minnesota clients and works with securities counsel on securities matters. Alex Lubyansky leads every M&A engagement.
Acquisition Stars helps clients with healthcare acquisitions and works with independent healthcare regulatory counsel on the regulatory work. An associate supports the M&A work.
M&A counsel since 2013. Nationwide practice. LOI through closing.
Share your transaction stage, the help you need and any relevant deadline.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Before you go
Talk through your transaction with Alex Lubyansky at no cost. Submit your transaction details and the team will confirm next steps.
Request Your Free ConsultationOr call (248) 266-2790