The letter of intent sets the terms that define your entire deal. Our Milpitas LOI attorneys draft, review, and negotiate letters of intent for business acquisitions across Technology, Semiconductors, Manufacturing, ensuring you lock in favorable terms and avoid costly surprises before you commit to due diligence.
Alex Lubyansky handles letter of intent law work for buyers and sellers in Milpitas and across the country. Here is what that looks like:
We work best with people who know what they want and are ready to move:
San Jose sits at the epicenter of Silicon Valley, where M&A activity is dominated by technology acquisitions spanning semiconductors, enterprise software, cybersecurity, and AI/ML startups. The region's deal volume is among the highest per capita in the nation, fueled by both strategic acquirers like Cisco, Adobe, and Apple and a dense network of growth equity and venture capital firms. Hardware and semiconductor M&A is particularly concentrated here, with legacy companies in the $5M-$50M range offering acquirers established customer relationships and engineering talent.
San Jose is among the most competitive M&A markets nationally, with high valuations driven by strategic premium pricing and abundant capital chasing deals. Buyers should expect EBITDA multiples 2-4 turns above national averages for tech companies, though services businesses and traditional industries trade at more reasonable levels.
Silicon Valley's network effects are unmatched: acquiring a company here provides access to the world's densest concentration of engineers, VCs, and corporate development teams, which accelerates growth and future exit opportunities. Despite cost pressures, the region's innovation ecosystem continues to generate outsized returns for well-positioned acquirers.
California prohibits non-compete agreements entirely under Business and Professions Code Section 16600 (reinforced by AB 1076 in 2020), which fundamentally changes employee retention strategy in acquisitions and makes trade secret protections and invention assignment agreements critical components of deal documentation.
A structured, methodical approach to letter of intent law
We review the proposed terms or your acquisition goals, identify leverage points, and develop a negotiation strategy that positions you for a successful deal.
We draft a new LOI or mark up the existing one, structuring binding and non-binding provisions to protect your interests while keeping the deal moving forward.
We negotiate key terms including purchase price structure, exclusivity periods, due diligence timelines, and closing conditions directly with the other side's counsel.
Once terms are agreed, we finalize the LOI and ensure both parties understand which provisions are binding, which are aspirational, and what happens next.
We carry the negotiated LOI terms into the due diligence phase and definitive purchase agreement, maintaining consistency and momentum through closing.
"The LOI is where leverage is won or lost. Once you sign a poorly structured letter of intent, you've already conceded negotiating positions you didn't even know you had. The purchase agreement just documents what the LOI already gave away."
Alex Lubyansky | Managing Partner
Share the basics and Alex will let you know if there is a fit.
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
Common questions from Milpitas clients
Submit your transaction details for a preliminary assessment by our managing partner
Submit Transaction DetailsBanned entirely. Limited exception for sale of a business.
Mergers and asset acquisitions require filings with the California Secretary of State. The California Franchise Tax Board requires tax clearance certificates for dissolving entities. Bulk sales transactions require Notice to Creditors filings. Foreign entities must qualify with the Secretary of State before doing business in California.
We don't take every matter. Here is what happens when you reach out.
Alex reviews your transaction details personally. No intake coordinators, no junior associates screening your submission.
We evaluate whether your deal aligns with our practice. Not every matter is a fit, and we will tell you directly if it is not.
If there is alignment, Alex schedules a direct call to discuss your transaction, timeline, and objectives.
Before any work begins, you receive a written engagement letter with defined scope, timeline, and fee structure. No surprises.
Use these before you call any firm, including ours.
At many firms, a partner sells the work and a junior associate does it. Ask for the name of the attorney who will draft and negotiate your documents.
Volume indicates current, active deal experience, not just credentials from years ago.
A $500K SBA acquisition and a $50M PE deal require different skill sets. Make sure the attorney has handled transactions similar to yours.
M&A transactions require a team. Your attorney should work with your other advisors, not in a silo.
Reps, warranties, and indemnification claims surface months after closing. Ask whether the firm handles post-closing litigation or refers it out.
Hourly, flat fee, or hybrid. Ask what factors increase legal costs so there are no surprises.
In-depth guides to help you prepare for your transaction
Key provisions and structure for an acquisition letter of intent.
Read guideUnderstanding the binding and non-binding elements of each document.
Read guidePractical guidance on structuring term sheets for acquisitions.
Read guideHow exclusivity provisions work and what buyers should negotiate.
Read guideAlex Lubyansky handles every engagement personally. Tell us about your transaction and we will let you know if there is a fit.
Submit transaction details for review. We engage selectively with capitalized buyers and sellers.
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
One attorney on every deal. Nationwide. 15+ years of M&A experience.