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. Legal Sandbox provides the strategic and legal guidance to architect this process, ensuring you can exit on your own terms, maximize value, and secure the legacy of the company you built in Georgia.
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, where our M&A expertise ensures you achieve the highest possible valuation and the most favorable terms. For ventures with the scale and ambition for the public markets, we provide guidance through the rigorous process of an Initial Public Offering (IPO), a path governed by the stringent requirements of the Georgian Law on Securities Market. Our role is to ensure your company is legally and structurally prepared for the intense scrutiny of capital market authorities and public investors.
For founders looking to ensure continuity, our focus shifts to meticulous succession planning. This is crucial for family businesses or partnerships where a smooth transition of leadership and ownership is paramount. We assist in drafting highly detailed buy-sell agreements, which act as a pre-negotiated roadmap for triggering events such as a founder's retirement, disability, or death. These legal instruments are vital for protecting the company from the internal turmoil and potential power struggles that can erode value, ensuring a stable and predictable transfer of control.
Sometimes, the most 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 with precision, 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. Our oversight ensures this final process is handled with integrity and full compliance, protecting the founders from future personal liability.