When you are ready to sell, you need a lawyer who understands what is at stake. Our Chicago business sale lawyers represent owners selling companies across Finance, Manufacturing, Technology, providing sell-side legal counsel that protects your life's work, maximizes your value, and closes the deal on your terms.
Our managing partner provides selective business sale law counsel to clients in Chicago and nationwide, including:
We engage selectively with capitalized founders and investors in Chicago and nationwide:
Chicago is the Midwest's M&A powerhouse, with deep deal activity in manufacturing, food & beverage, financial services, and healthcare. The city's central location and transportation infrastructure make it a hub for logistics and distribution company acquisitions. Chicago's robust private equity community - including firms like GTCR, Madison Dearborn, and Duchossois Capital - drives significant lower middle-market deal flow.
Chicago offers a balanced deal market with strong fundamentals - valuations are more reasonable than coastal markets while target quality remains high. The region's manufacturing base creates consistent opportunities for PE-backed platform builds.
The Chicago metro area's diversified economy and central location make it ideal for platform acquisitions with national expansion potential. The region's deep talent pool in engineering, finance, and operations supports post-acquisition growth.
Illinois enacted strict non-compete reform in 2022 - agreements are unenforceable for employees earning under $75,000 (increasing annually), and employers must advise employees to consult counsel before signing, affecting how buyers retain key personnel post-acquisition.
We bring sophisticated securities law expertise to Chicago's diverse business landscape, serving both established corporations and growth-stage companies.
A structured, methodical approach to business sale law
We review your corporate records, contracts, and legal standing to identify anything that could reduce your sale price or slow down the deal, and we help you address it before buyers see it.
When offers come in, we analyze the terms beyond just the headline price, including structure, contingencies, financing risk, and post-closing obligations, so you can compare with clarity.
We negotiate the letter of intent to establish terms that favor you heading into due diligence, including purchase price structure, exclusivity limits, and closing timeline.
Managing Partner Alex Lubyansky personally negotiates the purchase agreement, limiting your representations and warranties, capping indemnification, and structuring escrow terms that protect your proceeds.
We manage the closing process, coordinate with all parties, and negotiate transition and non-compete terms so you exit on your schedule with your interests intact.
"Every transaction has a moment where the deal either gets structured properly or it doesn't. That moment usually happens before most people realize it. By the time you're negotiating the purchase agreement, the fundamental economics are already set."
Restricted by salary threshold ($75,000+). Mandatory 14-day review period.
Entity mergers and conversions are filed with the Illinois Secretary of State, Business Services Department. Bulk asset purchases require notification to the Department of Revenue and obtaining Form ST-4 clearance. The Illinois Securities Department may need to be notified for certain stock transactions.
Submit your transaction details for a preliminary assessment by our managing partner.
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 Chicago clients
Submit your transaction details for a preliminary assessment by our managing partner
Submit Transaction DetailsIn-depth guides to help you prepare for your transaction
Full-service M&A counsel from letter of intent through closing.
Read guideA structured approach to legal, financial, and operational due diligence.
Read guideUnderstanding the binding and non-binding elements of each document.
Read guideCommon deal-killers and how experienced counsel helps prevent them.
Read guideOur managing partner provides selective business sale law counsel for transactions nationwide. Submit your transaction details for a preliminary assessment.
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
Selective M&A practice - Nationwide reach - Managing partner on every deal