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Ambrose Penhallow, smiling, in a pinstripe suit and red tie against a dark grey backdrop

Ambrose Penhallow

Partner

Sells and buys privately held companies, mostly for the sellers.

Ambrose spent most of his career on acquisitions at a large New York firm before joining Clementine to do the same work on a fixed fee. He represents owners selling a company they built or inherited, and occasionally the buyer across the table. He likes to start a year before the sale, when there is still time to tidy what a buyer's diligence would find.

Matters

  • Sale of a business
  • Letters of intent
  • Purchase agreements
  • Succession in family companies
Write to AmbroseSee the fees

Ambrose's admissions, courts and schooling

  • Bar admissions

    • New York

      1996

    • Connecticut

      1998

  • Courts

    • U.S. District Court for the Southern District of New York

    • U.S. District Court for the District of Connecticut

  • Education

    • J.D., Fordham University School of Law

    • B.A., Trinity College

  • Languages

    • English

    • Italian

  • Memberships

    • New York State Bar Association, Business Law Section

How Ambrose works

A sale goes best when the seller knows, before the letter of intent, which terms they will not give up. I spend our first meetings finding those, then I hold to them for the months that follow.

I'd rather tell a client a term is worth walking away over in week two than in week twelve, when everyone is tired and the closing date is printed on the invitations.