M&A Law Firm for Syracuse

Mergers & Acquisitions (M&A) Law Firm for Syracuse and Onondaga County

Syracuse and the Central New York region are home to food manufacturers, paper manufacturers, plastics and rubber products manufacturers, computer and electronics manufacturers, heavy and civil construction companies, warehousing and distribution operations, wholesale distributors, agricultural businesses, healthcare providers and cannabis businesses, making Syracuse an increasingly active market for mergers and acquisitions.

As business owners plan growth, succession, outside investment or exit, mergers and acquisitions in Syracuse often become a critical strategic tool, whether buying a business to expand or selling a company for liquidity.

As a mergers and acquisitions law firm serving Syracuse and Onondaga County, Kaufman McGowan PLLC advises buyers, sellers, founders, investors and management teams throughout Syracuse and Onondaga County on mergers, acquisitions, business sales and related corporate transactions. We focus on practical deal structures, risk management and aligning terms with long-term business objectives for clients navigating M&A in Syracuse.

According to CenterState CEO, Micron Technology’s semiconductor project at the White Pine site in Onondaga County is among the largest industrial manufacturing investments in U.S. history. The New York State Department of Labor also cites the area’s highway access as a draw for warehousing, storage and distribution centers.

If you are preparing to navigate mergers and acquisitions in Syracuse, whether you’re looking to sell a business or acquire a business, we help clarify options and structure deals strategically.

See our Mergers & Acquisitions practice page for more information about our work, and Mergers & Acquisitions: How to Buy or Sell a Business from our blog for more information about M&A deals in Onondaga County and beyond.

Kaufman McGowan PLLC also advises clients on mergers and acquisitions throughout Rochester, Binghamton, Buffalo and Manhattan. To see examples of our completed transactions, visit our Deal Tombstones page, or browse our full practice areas to see how we support Syracuse businesses beyond M&A.

M&A Legal Services for Syracuse and Onondaga County

Kaufman McGowan PLLC’s M&A legal services include, among other things:

• Selling a business
• Buying a business
• Business purchase and sale agreements or merger agreements
• Structuring asset vs. stock vs. merger transactions
• Letters of intent and deal negotiations
• Legal due diligence
• Escrows, holdbacks and earn-outs
• Founder, partner and shareholder transitions
• Investor and private equity participation
• Executive compensation and restrictive covenants
• Governance approvals and board process
• Closing logistics and post-closing support

Each transaction is approached with sensitivity to timing, leverage and commercial realities.

We regularly advise:

• owners approached by strategic or financial buyers
• businesses acquiring competitors, product lines or complementary businesses
• family-owned companies planning succession
• investors evaluating Syracuse-based opportunities
• management teams reviewing proposed LOIs and deal terms

We also concentrate in:

• corporate & securities law
• private placements
• public offerings
• SEC regulation
• lending transactions
• licensing
• real estate
• executive compensation
• corporate governance
• business formation
• cannabis regulation
• cannabis license applications
• commercial contracts
• corporate structure and reorganizations
• investment funds & firms

Our Attorneys

Our mergers and acquisitions practice is led by corporate and securities attorneys with decades of deal experience. Learn more here: About our Attorneys.

For Syracuse and other Central New York matters, representation is generally led by:

• Neil M. Kaufman
• Sean J. McGowan

Their experience helps ensure deals are structured clearly, negotiated effectively and aligned with business objectives.

Syracuse transactions frequently involve counterparties, investors or operations elsewhere in New York State, and Kaufman McGowan PLLC represents clients on both sides of that geography. We advise on deals across upstate New York, including Rochester and Monroe County, Binghamton and Broome County and Buffalo and Erie County, as well as in Manhattan and on Long Island. See our Mergers & Acquisitions practice page for more information about the full range of transactions we handle.

If you are planning a business sale, a business acquisition or an investor or private equity transaction in Syracuse / Onondaga County, we are available to assist.

Contact us to schedule a consultation. We are available by phone at (631) 972-0042 or by contacting us here.

Frequently Asked Questions About M&A in Syracuse

Does Kaufman McGowan handle mergers and acquisitions for Syracuse businesses?

Yes. Kaufman McGowan PLLC advises buyers, sellers, founders, investors and management teams in Syracuse and Onondaga County on business sales, acquisitions, mergers and related corporate transactions. Our New York-based M&A attorneys perform due diligence, structure, negotiate and close deals, working from beginning to end on every aspect of the transaction.

Should I sell my Syracuse business through an asset sale or a stock sale?

Generally, the seller prefers a stock sale and the buyer prefers to purchase assets, for tax reasons (if the seller is a C corporation) and liability reasons. In an asset sale by a C corporation, the corporation is taxed on the gain and shareholders are taxed again when the proceeds are distributed, while the buyer gets a stepped-up basis in the assets. In a stock sale, shareholders generally get capital gains treatment on the difference between their basis and the sale price. The right structure depends on the specifics of your deal.

Is a letter of intent binding when buying or selling a business in Syracuse?

A letter of intent is typically non-binding, except for certain specified provisions, such as clauses relating to no-shop, break fees, expenses and confidentiality. A letter of intent can be a binding contract if it addresses all material terms and does not include non-binding language. It should outline the basic terms of the transaction, and it will usually be signed before due diligence begins, but not always.

What happens during M&A due diligence?

Usually, the buyer does extensive due diligence on the seller, and the seller does only a little due diligence on the buyer. Buyer due diligence typically covers the business (operations, cash flow, liabilities, key employees, customers and suppliers), financial statements for at least three years and legal matters such as good standing certificates and UCC and judgment searches. If the seller is taking stock or notes as part of the purchase price, the seller should do more extensive due diligence on the buyer.

Who leads M&A matters for Syracuse clients?

Representation for Syracuse and other Central New York matters is generally led by Neil M. Kaufman, our managing partner and an approved Vistage speaker on mergers & acquisitions, and Sean J. McGowan. Both represent emerging growth, middle market and public companies and investment firms in merger and acquisition matters.