Home Services Acquisition Attorney in Tennessee

By Managing Partner Last updated

Acquisition Stars advises buyers and sellers on home services acquisition attorney matters across Tennessee.

Serving clients across Tennessee.

Request Engagement Assessment

Home Services Acquisition Attorney Practice in Tennessee

Acquisition Stars advises buyers and sellers on home services acquisition attorney matters across Tennessee. Alex Lubyansky leads every engagement, and has been M&A counsel since 2013 across transactions of varying complexity, from lower-middle-market deals to multi-party structures.

Tennessee Transaction Considerations

  • Tennessee's franchise tax has a net worth component that can create significant tax liability for capital-intensive acquisitions, and recent litigation has challenged its constitutionality
  • Tennessee has no personal income tax, which benefits pass-through entity acquisitions where owners are Tennessee residents
  • Nashville's growth as a healthcare industry hub creates active M&A markets with specific regulatory requirements for healthcare entity transactions

Discuss Your Tennessee Transaction

Share the basics. Alex reviews every inquiry and responds within one business day.

Your information is kept strictly confidential and will never be shared. Privacy Policy

Tennessee Legal Framework for Home Services M&A Legal Services

Non-Compete Agreements

Enforceable with blue-pencil available. Independent consideration required post-hire.

Enforceable under common law if reasonable. Tennessee courts apply a reasonableness standard, examining whether the restriction protects a legitimate business interest and is reasonable in time, geography, and scope. Tennessee courts will blue-pencil overbroad covenants. Tennessee law requires independent consideration for non-competes signed after the initial hire.

Tax Considerations

Tennessee imposes a 6.5% franchise and excise tax on net earnings. The franchise tax is based on the greater of net worth or the book value of real and tangible personal property in Tennessee. Tennessee has no personal income tax (the Hall Tax on investment income was fully repealed in 2021). The no-personal-income-tax status benefits pass-through entity owners.

Filing Requirements

Entity mergers and conversions must be filed with the Tennessee Secretary of State. Annual reports are required. The Department of Revenue handles franchise and excise tax registrations.

Bulk Sales / Asset Purchases

Tennessee has repealed UCC Article 6 (Bulk Sales). The Tennessee Department of Revenue may impose successor liability on asset purchasers for the seller's unpaid taxes under Tennessee Code Annotated Section 67-1-1440. A tax clearance should be obtained before closing.

Other M&A and Securities Services in Tennessee

Acquisition Stars handles M&A transactions for Tennessee clients and works with securities counsel on securities matters. Alex Lubyansky leads every M&A engagement.

Ready to Discuss Your Tennessee Deal?

Alex Lubyansky leads every home services m&a legal services engagement, with an associate supporting the work.

M&A counsel since 2013. Nationwide practice. LOI through closing.

Request Engagement Assessment

We review every transaction inquiry within one business day.

Your information is kept strictly confidential and will never be shared. Privacy Policy