How Total Practice Solutions Group helped sell a profitable veterinary practice

The Client

A profitable veterinary practice generating $2.7 million in gross revenue and has three owners.  

The Challenge

TPSG strives to achieve the best monetary offer and the most favorable exit strategy for the sellers.  

The Solution

TPSG discreetly solicited potential buyers for the practice.  We provided an accurate valuation of the practice and helped the sellers complete questionnaires and due diligence for each private equity company. Once the sellers decided on the buyer, we negotiated the employee contracts.    

The Results

TPSG was able to negotiate a sales contract with total compensation of $9,450,000. The sellers were completely satisfied with the final sales agreement, employment compensation packages, and exit strategy.