Divestments & Acquisitions
Licensing and permit transfers- Environmental, ESG, and tax compliance- Local procurement frameworks and...
Divestments & Acquisitions:
At Heritage Spring, we provide bespoke legal advisory services to support governments, investors, and energy companies involved in the divestment and acquisition of strategic assets across Sub-Saharan Africa. Our work is rooted in deep regional insight, sector expertise, and a commitment to driving sustainable development through sound legal frameworks. We focus on transactions involving energy infrastructure, upstream and downstream oil & gas assets, and the restructuring or privatization of state-owned enterprises and utilities.
With a strong foundation in commercial, energy, and environmental law, Heritage Spring offers a unique combination of legal acumen and regional insight. We help clients navigate the complex legal, political, and commercial landscapes of Sub-Saharan Africa with confidence and clarity. Whether advising on the sale of a state-owned refinery, acquisition of renewable energy assets, or the privatization of public utilities, we deliver legal solutions that unlock value, reduce risk, and promote long-term sustainability.
We advise on the optimal legal and fiscal structuring of asset sales, acquisitions, and joint ventures. Our team brings expertise in farm-in/farm-out arrangements, public-private partnerships (PPPs), and privatization frameworks-tailored to the regulatory and economic context of Sub-Saharan African markets. We also conduct rigorous due diligence on assets and entities, evaluating:- Title, concessions, and licensing status- Land rights and encumbrances- Environmental liabilities and decommissioning obligations- Local content requirements and regulatory exposure. This allows clients to make informed decisions and proactively address transactional risks.
We draft and negotiate high-impact transaction documents, including:- Sale and Purchase Agreements (SPAs)- Asset Transfer Agreements- Transition Services Agreements- Concession Agreements, Novation and Assignment Instruments. Our focus is on balancing legal protections with practical commercial terms that reflect local market dynamics.
Our deep familiarity with legal systems, regulators, and ministries across Sub-Saharan Africa allows us to guide clients through:- Licensing and permit transfers- Environmental, ESG, and tax compliance- Local procurement frameworks and anti-corruption laws- State divestment procedures and sovereign approvals.
We provide strategic legal advice to manage risks through warranties, indemnities, escrow mechanisms, and liability caps. Our approach is proactive-designed to avoid disputes and ensure smooth post-transaction operations. We support clients beyond deal closure with:- Asset and regulatory integration- Employment law compliance and staff transfers- Stakeholder engagement strategies- Legacy liability and contract management.
