Guides

Can you buy a business in administration?

What buyers should establish before pursuing a company, business or assets connected with an administration.

A buyer may be able to acquire a company, its underlying business, selected assets or intellectual property, but availability should never be assumed from an administration notice alone. Contact the appointed administrator or their authorised sales agent, clarify what is being offered, and obtain professional legal, financial and operational advice. Sales are often conducted quickly, with limited warranties and on an as-seen basis, so funding certainty and focused due diligence are important.