Broker Tip – Changing Market Conditions and Value of an Experienced Broker

November 16, 2022
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With the current veterinary practice market conditions and the decline of corporate consolidators, an experienced Broker is more valuable than ever. If you are considering selling in the future, please

Owning a Vet Clinic Without Being a Veterinarian

October 31, 2022
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Most U.S. citizens believe owning a vet clinic requires you to have veterinary experience. However, some states allow non-veterinarians to own a veterinary practice. Read on to learn more about

Decreasing Multiples

October 18, 2022
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In the last year, corporate buyers’ willingness to pay exceptional multiples for practices has diminished. Two years ago, offers were nearly 100% cash at closing. Now it is common for

Broker Tip – Rising Interest Rates

October 3, 2022
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As the market shifts to higher interest rates in all aspects of purchasing, be aware of how it affects you as buyer. Specifically when purchasing a veterinary clinic; there are

What You Should Know About Veterinary Practice Sales Appraisals

September 22, 2022
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A veterinary practice appraisal is a formal opinion of a veterinary clinic’s value based on marketplace conditions and the assets and income of a practice. Getting your veterinary practice appraised

Broker Tip – Corporate Sales Market Update

September 22, 2022
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Please be aware the corporation bubble has broken and corporate buyers are now lowering their multiples. Corporates are becoming more cautious on deals including deals being contingent on associates continuing

What You Should Know About Corporate Consolidators

September 12, 2022
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Has a veterinary corporate consolidator recently contacted you with an offer for your veterinary practice? Many vets receiving their first offer have questions about what veterinary corporate consolidators do and

Tendencies of Corporate Buyers

September 7, 2022
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Over the past five years, corporate buying has evolved substantially. At one time, there were only a few private equity groups that very selectively purchased practices. As these groups succeeded,

Broker Tip – Timing Is Everything

August 29, 2022
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The corporate high purchasing price bubble is busting, so the quicker your sales broker works on your listing the better. Corporate Valuations peaked in the 4th quarter of 2021. So

Would a Joint Venture Work for You As an Exit Strategy?

August 16, 2022
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A Joint Venture is basically a partial purchase of your practice by a corporate group. It is an acquisition model used by corporate groups to insure the continued support and