Pre-close · Specialty Distribution

IP Transfer & Licensing Counsel for Specialty Distribution Acquisitions

Structuring IP Transfer & Licensing on specialty distribution deals, with the structure protection and capital connectivity an independent sponsor actually needs.

EV range $10M to $100M EV EBITDA $2.5M to $18M Audience Buy-side / Sponsor
The deal context

Specialty Distribution deals in the lower middle market run a specific playbook. IP Transfer & Licensing is where the structure either holds or starts to leak.

The typical specialty distribution platform sits at $10M to $100M EV with EBITDA in the $2.5M to $18M range. The thesis runs on vertical buy-up of niche product distributors. Most distribution multiples are wrong by half a turn until the rebate accounting gets normalized.

The moves

How IP Transfer & Licensing actually gets structured.

  1. Identify all IP, including informal employee-inventor work product.

  2. Pull assignments and works-for-hire records, with gaps remediated pre-close.

  3. Address open-source license compliance in any software stack.

  4. Plan trademark assignment recordation and continuation filings.

  5. In specialty distribution, layer in supplier reaffirmation letters before LOI signs as part of the IP Transfer & Licensing workstream.

The common mistake

Assuming the company owns its IP because the website says so. Without paper, ownership is a hope.

Jason's take
"Every piece of IP in the deal needs a chain of title. Find the gaps before the buyer's counsel does."
Jason Powell · IP Transfer & Licensing
Capital after close

The deal is one thing. The capital that opens up after close is another.

Refinancing, recaps, growth rounds, and the right strategic conversation eighteen months early are all downstream of relationships that take years to build and minutes to use.

MONTH 18
Senior refi
MONTH 24
Dividend recap
MONTH 36
Growth equity
YEAR 4–5
Strategic exit
ENGAGE THE PRACTICE

IP Transfer & Licensing for Specialty Distribution, on independent sponsor terms.

Independent sponsor counsel that already speaks fluent deal-by-deal economics, structures clean LPAs, and travels with capital markets relationships for what comes after close.