The sale of a business is an important step that requires thorough preparation, in-depth legal analysis, and guidance tailored to the objectives of the parties. As part of its mergers and acquisitions services<\/a>, Paquette Attorneys recently assisted with the sale of Cabanon Fortin, a well-established business in the West Island of Montreal.<\/p>\n This transaction illustrates the importance of structured legal support in a business transaction, particularly when an acquisition is structured as a sale of shares.<\/p>\n The transaction involving Cabanon Fortin concerned the sale of 100% of the shares of Cabanon Fortin Inc. and 9434-1369 Qu\u00e9bec Inc., including the assignment of a promissory note. More than a simple asset sale, this transaction, structured with debt financing, involved the complete transfer of ownership of two related companies and took place in a context of ownership transition and continuity of operations<\/a>.<\/p>\n Given the simultaneous sale of two related companies, a prior reorganization, and the associated legal and tax considerations, the transaction required careful planning and close coordination between the parties and their advisors.<\/p>\n Beyond its technical aspects, this transaction was distinguished by the quality of collaboration between the various stakeholders and by a shared commitment to ensuring a smooth transition. In this context, Fran\u00e7ois Fortin will remain involved in the business as an employee. His continued presence will help preserve the organization\u2019s know-how and support the new owners in the company\u2019s continued development.<\/p>\n In a corporate transaction, the lawyer’s role goes beyond simply drafting legal documents. It involves guiding the transaction, identifying important issues, and protecting the client\u2019s interests at every stage of the process.<\/p>\n In the case of Cabanon Fortin, Paquette Attorneys assisted in structuring the transaction’s legal framework, preparing and reviewing the transaction documents, analyzing the corporate issues, and coordinating the steps leading to closing. Given the sale of two related companies, the debt financing, a prior reorganization, and tax considerations, it was essential to ensure consistency across the entire transaction.<\/p>\n Legal support also helped clarify the obligations of the parties, support the due diligence process, and facilitate collaboration between the various stakeholders, including buyers, sellers, accountants, tax advisors, and lenders.<\/p>\n As a corporate law firm<\/a>, our role is to help clients make informed decisions at every stage of the process. A successful transaction depends on a clear understanding of the legal issues, but also on a practical understanding of the client\u2019s commercial reality. In this type of mandate, the objective is to provide a clear structure, reduce uncertainty, and support an orderly transition after closing.<\/p>\n In a share sale, the buyer acquires the shares of the corporation rather than specific assets of the business. The corporation, therefore, continues to exist, but its ownership changes. This structure can allow for continuity of operations, contracts, and commercial relationships, but it also requires a rigorous analysis of the obligations and responsibilities attached to the business.<\/p>\n For the buyer, it is essential to understand what is being acquired, including contracts, financial commitments, obligations toward employees, potential risks, and the corporate status of the company. For the seller, it is important to properly frame the representations, warranties, closing conditions, and commitments that may continue to have effect after the transaction.<\/p>\n This is why due diligence, the share purchase agreement, and the closing documents play a central role in this type of transaction. A well-structured share sale helps clarify the expectations of the parties, reduce areas of uncertainty, and support a more orderly transition.<\/p>\n When an entrepreneur is considering selling or acquiring a business, it is preferable to involve a lawyer specializing in mergers and acquisitions<\/a> from the earliest stages. An early consultation makes it possible to better structure the transaction, identify legal, corporate, and financial issues, and avoid decisions being made without fully measuring their consequences.<\/p>\n The lawyer can assist with analyzing the transaction structure, reviewing a letter of intent, preparing for due diligence, coordinating with accountants, tax advisors, and lenders, as well as preparing the documents required to move the transaction toward closing. The objective is to support entrepreneurs with rigour and pragmatism so the transaction can be concluded on clear, solid foundations adapted to the client\u2019s commercial reality.<\/p>\n The sale of Cabanon Fortin demonstrates the importance of structured legal support in a business transaction. When an acquisition is carried out as a share sale, several elements must be carefully analyzed, including the corporate structure, the parties’ obligations, tax issues, financing, and the continuity of operations after closing.<\/p>\n At Paquette Attorneys, we assist entrepreneurs with their mergers and acquisitions and business succession projects using a rigorous, practical approach adapted to their business reality. For business owners considering a transition or corporate transaction, proper legal preparation can make all the difference.<\/p>\n Are you considering the sale, acquisition, or transition of a business? Contact Paquette Attorneys<\/a> in Kirkland to discuss your project with a member of our business law team<\/a>.\u00a0<\/strong><\/p>\n<\/div><\/div><\/div><\/div><\/div> Me Jean-Ren\u00e9 Paquette is the founding attorney and president of Paquette Attorneys in Kirkland, in the West Island. A bilingual corporate lawyer in Montr\u00e9al<\/a>, he focuses his practice on commercial mergers and acquisitions<\/a>, labour and employment, distribution and complex contracts, advising entrepreneurs, SMEs and investors across a range of industries<\/a>. Called to the Qu\u00e9bec Bar in 2003, he brings more than 20 years of experience in structuring and securing transactions that support clients\u2019 long-term growth.<\/p>\n See Me Jean-Ren\u00e9 full bio here<\/a> and follow him on LinkedIn<\/a>.<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":8,"featured_media":3821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27,96,37,74],"tags":[],"class_list":["post-3825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-case-study","category-mergers-acquisitions","category-news"],"acf":[],"featured_image_src":"https:\/\/paquette.legal\/wp-content\/uploads\/2026\/05\/Cabanon-Fortin-MA-600x400.webp","featured_image_src_square":"https:\/\/paquette.legal\/wp-content\/uploads\/2026\/05\/Cabanon-Fortin-MA-600x580.webp","author_info":{"display_name":"Me Jean Ren\u00e9 Paquette","author_link":"https:\/\/paquette.legal\/en\/author\/jean-rene-paquette\/"},"_links":{"self":[{"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/posts\/3825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/comments?post=3825"}],"version-history":[{"count":2,"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/posts\/3825\/revisions"}],"predecessor-version":[{"id":3828,"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/posts\/3825\/revisions\/3828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/media\/3821"}],"wp:attachment":[{"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/media?parent=3825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/categories?post=3825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paquette.legal\/en\/wp-json\/wp\/v2\/tags?post=3825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}About the Transaction<\/h2>\n
The Role of Paquette Attorneys in the Transaction<\/h2>\n
What Does a Share Sale Mean for the Parties?<\/h2>\n
Why Consult a Mergers and Acquisitions Lawyer Early in the Process<\/h2>\n
In Conclusion<\/h2>\n
![\"Me](\"https:\/\/paquette.legal\/wp-content\/uploads\/2026\/01\/Me-Jean-Rene.webp\" "\\"Me")
<\/span><\/div><\/div><\/div>About the Author<\/a><\/h3>\n