Practical counsel for buying, selling, and combining businesses

Buying or selling a business means making decisions about price, risk, control, and what comes next. LMB Partners represents buyers, sellers, and business owners in mergers, acquisitions, and ownership transitions. From our Denver and Golden offices, we help clients evaluate transactions, negotiate terms, and move toward closing with their business goals in view.

Counsel on both sides of the deal

For buyers, the work starts with understanding what you are acquiring and identifying issues that could affect its value or operations. We help evaluate the transaction structure, conduct legal due diligence, and negotiate the purchase agreement and related documents.

For sellers, we help prepare for diligence, assess proposed terms, and negotiate payment arrangements, retained obligations, and the transition out of ownership. Our focus stays on the terms that matter to your proceeds, responsibilities, and plans after closing.

From initial discussions through closing

Our work can include:

Early planning: Clarifying objectives, reviewing confidentiality agreements, and negotiating letters of intent
Due diligence: Reviewing ownership records, material contracts, employment arrangements, intellectual property, and transaction-specific risks
Deal documentation: Negotiating asset and stock purchase agreements, merger agreements, disclosure schedules, and related arrangements
Closing and transition: Addressing required consents, coordinating closing deliverables, and documenting ongoing obligations

We also assist with partner buyouts, restructurings, and business separations. Throughout the process, we identify the issues, explain the choices, and keep the legal work aligned with the transaction.

Negotiating the terms that shape your deal

The purchase price is only part of the transaction. We help buyers and sellers negotiate earnouts, seller financing, working-capital adjustments, indemnification, and related deal terms. These provisions affect what you ultimately receive or pay, when money changes hands, and who bears the risk after closing. We explain the tradeoffs and structure terms around your business objectives.

Experience across industries

Michael P. Barry leads LMB Partners’ corporate and mergers and acquisitions practice. His experience spans software, healthcare, cannabis, entertainment, restaurants, and other industries, including transactions involving privately held companies and strategic acquirers.

Selected matters from Michael’s experience include:

$10.5 million asset purchase of a software development firm
$11.1 million stock purchase of a software-as-a-service company
$7.3 million asset purchase of a home health care service provider
$6.5 million stock purchase of a restaurant chain with 15 locations

Read Michael’s biography for additional representative matters.

Common questions

When should we involve an M&A attorney?

Ideally, during early discussions and before signing a letter of intent. We can also step in once negotiations are underway, starting with your objectives and any terms already proposed or signed.

What should we prepare for an initial conversation?

A short description of the business and proposed transaction, the parties involved, your expected timeline, and any letter of intent or draft agreement.

How long will the transaction take?

Timing depends on diligence, financing, required consents, and negotiations. An initial review helps identify the main steps and potential delays.

Buying or Selling a Business

Discuss your transaction

Planning an acquisition, considering an offer, or preparing to sell? Schedule a consultation with Michael P. Barry to discuss your transaction and next steps.