The sale or merger of a business involves many considerations.
Many business sales or mergers fall into the scope of TUPE – the Transfer of Undertakings (Protection of Employment) Regulations 2006. These protect the rights of employees affected by the transaction.
However, TUPE can also extend to insourcing and outsourcing exercises, and establishing whether or not TUPE applies can be complex. In seeking advice from us, you’ll benefit from our long experience advising on TUPE transfers and supporting our Corporate colleagues on a wide range of transactions.
Investing in our expertise early on in a business sale or merger ensures you know and understand your obligations from the very outset, and therefore makes the rest of the process far easier to manage.
You may face complex and costly claims if you don’t provide the information that TUPE requires, fail to carry out consultation with affected employees, dismiss staff, or change terms and conditions without following the right procedures. The good news is, we’re here to help you through all of the required steps, and minimise any risk to your organisation.
In the midst of a sale or merger, it’s natural that one of your primary focuses will be the people involved. That’s why we work closely with you to ensure your existing workforce is fully informed and engaged through any changes, and that once the transactions are complete, the business’s transition to a new era runs as smoothly as possible.
We’ve helped clients all over the UK deal with a wide range of circumstances brought on by takeovers, mergers and TUPE considerations. Examples of our experience and expertise include: