Every successful entrepreneur builds a business with an eventual exit in mind. This ultimate event—whether a lucrative sale, a public offering, or a seamless transition to the next generation—is not an afterthought; it is the final and most critical phase of a long-term strategy. How this final chapter is planned and executed determines the ultimate return on your life’s work and secures the legacy of the company you built. Legal Sandbox provides the strategic and legal guidance to architect this process, ensuring you can exit on your own terms and with maximum financial benefit.
We advise on the full spectrum of business exit strategies, tailored to your unique goals. This includes navigating the complexities of a strategic private sale to another company, where our M&A expertise ensures you achieve the highest possible valuation and most favorable terms. For ventures with the scale and ambition for the public markets, we provide guidance on the rigorous process of an Initial Public Offering (IPO), a path governed by the stringent requirements of the Georgian Law on Securities Market and overseen by capital market authorities. Concurrently, for founders looking to ensure continuity, we focus on succession planning. The team at Legal Sandbox assists in drafting meticulously detailed buy-sell agreements, which act as a pre-negotiated roadmap for founder departures, disability, or death, thereby protecting the company from the internal turmoil that can destroy value.
Sometimes, the strategic conclusion for a venture is an orderly and dignified closure. In such cases, we provide comprehensive legal guidance on the formal dissolution and winding up of the business. This is not a simple act of closing doors, but a legally mandated liquidation process under the Georgian Law on Entrepreneurs. We manage every step, from appointing a liquidator and notifying creditors through the official registry to satisfying all outstanding obligations and ensuring the lawful distribution of any remaining assets to the shareholders. Our oversight ensures this final process is handled with precision, integrity, and full compliance, protecting the founders from future personal liability.
