Pre Close Legal Support | Out of State Acquisition

October 07, 2025

by a searcher from Lehigh Univervsity in Orlando, FL, USA

Looking at a few deals outside my home state where I would relocate post close to operate the businesses. For the folks that have done this, do you typically use legal support in your home state where you have a relationships? Or find a local M&A attorney to support the process?

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Reply by a professional
from University of Michigan in Detroit, MI, USA

Hi ^redacted‌, I agree with ^redacted‌. The most important thing is working with a lawyer who has experience closing the type of deals you want to close. There are many lawyers on this platform devoted to helping searchers acquire small businesses nationally. I count myself in that group. Happy to discuss further if helpful. Feel free to reach out at redacted and we can schedule a time to talk.

Reply by a professional
from American University in Irvine, CA, USA

Thanks for the tag, Luke! Rich, when we represent clients engaging in transactions in other jurisdictions, we will typically handle all of the transactional aspects of the deal, through the Closing, but obtain local counsel support to render any opinions required by the other side, or a simple consultation where local law requirements make that appropriate. The mechanics of the transaction, and the key provisions that every good M&A Agreement should include for the client's protection, are fairly generic, but there are certain vagaries of state law which can apply (even if the governing law of the Agreement is that of a different jurisdiction), where prudence dictates having a local counsel provide input as necessary to provide comfort to yourself (and your out of state counsel) just to make sure everything is correct. If you'd like to discuss in further detail, feel free to DM me here.

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