An asset purchase agreement (APA) is one of the more common approaches to a business sale in Colorado. Under an APA, the business owner sells some or all of the company’s assets. The ultimate goal of an asset purchase agreement is avoiding future litigation.
An individual came to us looking to buy out his business partners after his business, which he’d started six years before, had been sold to a publicly traded company. Our team assisted the client through the asset purchase agreement that allowed him to buy the contract, name, trademarks, assets, and branding.