ABOUT
The Joint Task Force on Model Short Form M&A Documents is a combined project of the American Bar Association Business Law Section’s Middle Market and Small Business Committee and the Mergers & Acquisitions Committee. The goal of the Joint Task Force is to publish a set of “short form” acquisition agreements (with ancillary documents and commentary) which would be more easily adapted for use in smaller M&A transactions than the “long form” Model Stock Purchase Agreement and Model Asset Purchase Agreement published by the M&A Committee. The short forms are intended to be model documents for business acquisitions with a purchase price in the $500,000 to $10 million range. The short forms will contain the critical elements of well-drafted purchase agreements typically used in traditional lower middle-market transactions, but with a starting length of about 15 pages. It is the intention that the short forms will be more “user friendly” to owners of smaller businesses and require less attorney time and legal expense than what is typically required for a $10 million to $100 million deal. The short forms may also be used in “tuck-in” or “add-on” acquisitions typically used to help grow a private equity backed platform in anticipation of an exit.
Chairs: Eric Graben, Jason Balog
