Purchase of a Business

Expanding your business through an acquisition is a major step that requires careful planning, strategic insight, and trusted legal guidance. At Kalfa Law Firm, we specialize in Private Mergers and Acquisitions (M&A), helping entrepreneurs and corporations buy a business in Canada with confidence.

Whether you’re purchasing a small business, entering a franchise system, or pursuing a corporate merger, our lawyers ensure every decision protects your interests and maximizes value.

Our Business Purchase Services

1. Target Identification

We help you identify and evaluate acquisition targets that align with your goals, growth strategy, and market position. Our team provides strategic business acquisition advice based on industry trends, financial analysis, and your long-term objectives.

Related Service: Business Law Services

2. Due Diligence

Our due diligence process ensures you know exactly what you’re buying. We review the target company’s:

Ownership and corporate structure
Liens and encumbrances
Existing contracts and leases
Litigation risks or tax liabilities

By uncovering potential issues early, we help you avoid costly surprises after the transaction closes.

External Resource: Learn more about due diligence best practices on Innovation, Science and Economic Development Canada.

3. Deal Structuring

The structure of your transaction determines your tax outcome, liability exposure, and long-term success.
We’ll help you decide whether to proceed with an asset purchase or share purchase, explaining the benefits and risks of each.

In most cases, asset acquisitions allow you to purchase valuable assets while leaving unwanted liabilities behind, often through a newly incorporated entity created for the transaction.

4. Financing and Funding

Most buyers require financing to complete the purchase. Once your lender issues a commitment letter, we assist with:

Reviewing loan agreements
Satisfying lending conditions
Coordinating trust fund transfers
Ensuring all documents comply with lender requirements

Our goal is to make sure your business purchase closes smoothly and securely.

Related Service: Corporate Financing and Tax Planning.

5. Regulatory Compliance & Third-Party Consents

We handle all regulatory requirements, franchisor approvals, and landlord consents, ensuring that every aspect of your transaction meets provincial and federal standards.
Our lawyers ensure your new venture complies with all Canadian business laws and regulations before closing.

6. Closing & Integration Support

Our legal team manages the closing process with precision, overseeing document execution, payment flow, and final transfer of ownership.
After the deal closes, we guide you through the integration phase, helping you merge operations, secure key employees, and maintain business continuity.

Why Choose Kalfa Law Firm?

At Kalfa Law we combine deep M&A legal experience with practical business acumen to deliver clear, confident results.

We’re trusted by entrepreneurs, investors, and growing corporations across Canada for:
Transparent pricing and expert guidance
Responsive, client-focused communication
Proven success in private business acquisitions

Ready to acquire your next business?

Contact Kalfa Law Firm’s Business Acquisition Lawyers today for a confidential consultation.
Let’s make your purchase legally secure, strategically structured, and ready for growth.

Frequently Asked Questions:

What legal steps are involved in purchasing a business in Canada?

The process typically includes identifying a target business, performing due diligence, structuring the transaction (asset or share purchase), securing financing, obtaining regulatory and third-party consents, and finally closing the deal. Each step must comply with Canadian corporate and tax laws — which is why working with an experienced business acquisition lawyer is essential.

What’s the difference between an asset purchase and a share purchase?

In an asset purchase, the buyer acquires selected business assets — such as inventory, equipment, and goodwill — while leaving unwanted liabilities behind. In a share purchase, the buyer purchases the shares of the existing company, taking ownership of both its assets and liabilities. The right structure depends on your goals, risk appetite, and tax implications.

How long does it take to complete a business acquisition?

The timeline varies based on the complexity of the transaction, due diligence findings, and regulatory approvals. Most small to mid-sized acquisitions take between 60 to 120 days from initial agreement to closing.

Do I need a lawyer to buy a business in Canada?

Yes. A business acquisition lawyer protects your interests at every stage — from reviewing the purchase agreement and conducting due diligence to managing the closing process. Without proper legal representation, you may overlook liabilities or compliance issues that can cost you significantly later. Related Service: Business Law Services.

Can I finance the purchase of a business?

Absolutely. Many business acquisitions are financed through commercial loans, private investors, or vendor financing. Once you have a commitment letter, your lawyer helps satisfy lender conditions and facilitate the transfer of funds securely through trust accounts. Learn more: Corporate Financing and Tax Planning.

What risks should I look out for when buying a business?

Common risks include hidden debts, pending lawsuits, regulatory non-compliance, overvalued assets, and inaccurate financial statements. A thorough due diligence process led by your lawyer helps identify and mitigate these risks before you finalize the purchase.

What happens after the business purchase is complete?

After closing, your lawyer assists with post-acquisition integration, which may include updating contracts, transferring licences, and notifying regulatory bodies. Proper integration ensures a smooth transition and long-term operational success.

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