If your practice is a corporate sale candidate, and you have a significant amount of Accounts Receivable (A/R), it is advisable to do your best to collect what you deem
Broker Tip – Accounts Receivable
Category: Corporate Sales
How to Sell Your Veterinary Practice to Corporations
As a veterinarian with a successful clinic, you’re in the business of healing animals, not selling practices. If retirement or a career change is on the horizon for you, you
Broker Tip – Changing Market Conditions
The high prices that corporate sales consolidators have been offering to practice owners are showing signs of waning. The private equity groups backing the consolidators not seeing the return on
Top 10 Myths of Selling to a Corporation
Navigating the veterinary acquisition market has changed in recent years. Our friends and colleagues used to sell their hospitals to associates, now they are selling to corporations backed by private
Broker Tip – Importance of Associate Veterinarians
With the shortage of doctors in the veterinary sector, associates are more valuable than ever. Most corporate offers are contingent on having them sign an employment agreement. Whether it’s a
How to Prepare Your Staff For A Corporate Sale
When selling to a private equity firm, it is crucial to keep all good employees. However, determining the time to tell your staff is a delicate process. After fully executing
5 Things to know before you talk to corporate
Before You Talk to Corporate… One offer may leave options on the table. TPSG negotiates for multiple offers and finds the best exit strategy for you. The sales price is
Broker Tip – Planning for Career Transition or Retirement
Doctors considering a career transition or retirement must plan 3-5 years ahead of time before selling their practice. This will allow time to make any required changes to increase profitability.
Navigating the Maze of Corporate Veterinary Buyers
Navigating through the maze of corporate consolidator buyers can be a daunting task. There are a large number of consolidators and they are purchasing a large number of veterinary practices.
Broker Tip – Signing With a Corporate Buyer
Slow down and do not sign a Letter of Intent with a corporate buyer/consolidator until you engage a consultant like TPSG that deals with the consolidators/buyers frequently. Many times, we