Pullach, July 11, 2024 – The Bundesverband Mergers and Acquisitions gem. e.V. (BM&A) has developed a new model company purchase agreement especially for small and medium-sized company transactions. This standardized contract aims to lower transaction costs, reduce uncertainties and speed up the entire process. Clear and transparent regulations are intended to encourage medium-sized companies to use M&A transactions as a strategic instrument to strengthen their competitiveness and secure their future viability.
At a time when small and medium-sized enterprises (SMEs) are increasingly facing global challenges, M&A is gaining in importance as a strategic instrument for securing Germany’s future and attractiveness as a business location. M&A transactions offer a wide range of opportunities: they enable companies to strengthen themselves in a targeted manner through acquisitions, tap into new markets and integrate innovative technologies. For SMEs in particular, these opportunities are essential in order to survive in international competition.
Despite the clear advantages, many SMEs are reluctant to engage in M&A transactions. One of the main reasons for this is the often high transaction costs and uncertainty with regard to contract design. This is where the new standard company purchase agreement comes in. Standard contracts create clarity and transparency, reduce transaction costs and speed up the entire process. By using a standardized set of contracts, entrepreneurs can be sure that they are relying on proven and legally sound principles.
“The new model company purchase agreement is a significant step towards promoting M&A in the SME sector. It provides a solid and reliable basis that makes the entire transaction process more efficient and transparent,” says Jan Pörschmann, Chairman of the BM&A. “We are convinced that this agreement will help to strengthen the SME sector in Germany and ensure the competitiveness of our companies on the international market.”
The renowned law firms ADVANT Beiten, EY LAW, HEUKING, MOOG, MOSBURG, Osborne Clark, Reed Smith and Taylor Wessing, coordinated by Stephan Heinemann of Taylor Wessing, played a key role in the development of the model agreement. “Their commitment and expertise have made it possible to create a well-balanced and practical model documentation that comprehensibly illustrates the key points of a share purchase agreement,” says Stephan Heinemann, partner at Taylor Wessing.
“We are convinced that this standard company purchase agreement will make an important contribution to promoting M&A in the German SME sector. Together, we can secure the future viability of our companies and further strengthen Germany’s attractiveness as a business location,” says a delighted Pörschmann.
The sample company purchase agreement for free download in the News & Media Hub
