Zoppi & Co Advises on Purchase of National E-Commerce Business
Overview of the Deal
Zoppi & Co provided legal counsel to a client in the acquisition of a national e-commerce business. The transaction was structured as a share purchase with a locked-box purchase price, ensuring price certainty and minimising potential post-transaction adjustments.
Client's Strategic Goal
The client aimed to acquire access to a long-standing exclusive relationship that the target business enjoyed. This objective was met by purchasing the entity that held the exclusive contract, giving the client control over this valuable agreement.
Role of Zoppi & Co
The deal was led by Malcolm Zoppi, the firm’s corporate solicitor, who spearheaded the legal process. The firm conducted a focused due diligence process to ensure that the client’s strategic goals would be fully realised through the acquisition.
Lawyer’s Comments
Reflecting on the transaction, Malcolm Zoppi stated:
"It was a great honour advising on this deal. I particularly enjoyed conducting a focused due diligence aimed at ensuring that the client's strategic goals will be met by the purchase of the business."