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Buying and Selling Businesses 1

Welcome to Palmersheim Dettmann, S.C. (formerly Haley Palmersheim, S.C.). After 22 years our name has changed, but our commitment to our clients and their businesses hasn’t.

Buying and Selling Businesses

We Will Guide You Through the Business Purchase Process

Experienced Legal Service for Buying a Business and/or Selling a Business in Wisconsin

Purchasing or selling the assets or shares of stock in a business can be an exciting event, but is also an event that can have significant implications on your financial future. Both buyers and sellers must be careful to protect their interests and rights in any transaction, and need the counsel and representation of an experienced business transaction attorney to guide them through the transaction in a proper way.

At the law firm of Palmersheim Dettmann, S.C., our attorneys have experience representing clients in a wide range of business law matters, including business formation, writing a purchase and sale agreement, and buying a business and/or selling a business in Madison and the surrounding communities of Wisconsin. We will review all aspects of your transaction to ensure that your interests are protected and that you are getting what you expect out of the purchase or sale.

Contact our Madison, Wisconsin office to consult with a Palmersheim Dettmann transactional lawyer or business transaction attorney about your business transaction.

Considerations in Business Purchases and Sales

From the initial stage of buying a business or selling a business up to the final closing, there are many aspects of the transaction to consider in order to protect your financial interests.

These include:

  • Proper valuation of the business and its inventory
  • Real estate and inventory liens
  • Structuring the sale as an asset purchase or stock purchase
  • Organize and conduct due diligence
  • Franchise and non-compete agreements in place
  • Financial statements and other important documents
  • Proper drafting of the asset purchase and sale agreement or stock purchase agreement, and other contracts and documents needed for the transaction
  • Leases

Our lawyers at Palmersheim Dettmann, S.C., are able to help you answer these questions and understand the other issues that may arise during your transaction. We work closely with CPAs in business valuation to ensure that our clients’ financial concerns are met.

If you are thinking about buying a business or selling a business, you should not simply rely on a broker to facilitate the purchase. Only an experienced transactional lawyer can anticipate and resolve all of the various issues that may arise in the transaction.

Contact Palmersheim Dettmann, S.C.

Contact us by calling (608) 836-6400. Speak with an experienced business transaction attorney in our Madison, Wisconsin office about your business transaction issue.

Contact Information

Phone: (608) 836-6400
Fax: (608) 836-9697
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1424 North High Point Road
Middleton, WI 53562
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Super Lawyers

From Our Blog

Cathleen Dettmann recognized as one of Wisconsin Law Journal’s Powerlist-Business Defense attorneys

By Firm

Palmersheim Dettmann, S.C. is pleased to announce that Cathleen Dettmann has been included on the Wisconsin Law Journal’s new Powerlist – Business Defense. The Powerlist is aimed at highlighting those whose mere presence on a case signifies the stakes, who have influenced the direction of the law, whose leadership in the community is pervasive and whose respect within the bar is undeniable.

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What’s the Deal with Non-Compete Agreements in 2025?

By Erin E. Rome

After the FTC passed a ban on non-compete agreements in 2024, which was later invalidated, employees and employers alike have had many questions about the enforceability of non-compete agreements. This blog post addresses the status of the FTC ban and Wisconsin’s rules on non-compete agreements.

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Nationwide, preliminary Injunction blocks enforcement of Corporate Transparency Act and BOI reporting requirements.

By Kevin J. Palmersheim

On December 3, 2024, the Federal District Court for the Eastern District of Texas granted a preliminary injunction that bars the US Treasury/federal government from enforcing the Corporate Transparency Act (CTA) and the requirements for entitles and persons to file reports with FinCen disclosing company and personal beneficial ownership information(BOI). This preliminary injunction is immediate, and applies nationwide. While many businesses have already filed reports, those who have not can hold off – at least for now.

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