by Sang Park | Sep 21, 2020
Part 1 of Valuation Basics – Revenue When I started at NVA in 2012, I heard that veterinary hospital owners would sell their practice, based on a revenue multiple. For example, if the annual revenue was $1M, then a 1x multiple would be used to derive a sales...
by Sang Park | Sep 17, 2020
4 Stages of the Acquisition Playbook The playbook will vary from corporate consolidator to consolidator, however the overview below should be a good representation of what you can expect. As mentioned before, without the benefit of a proper walk-through/review, please...
by Sang Park | Sep 11, 2020
Deal Structure – It is not just about 100% Sale of Practice versus Joint Venture/Partnership I had a intro call with a corporate consolidator today with whom I was not acquainted. One item that was discussed had to do with deal structure, mainly focusing on the...
by Sang Park | Sep 6, 2020
6 Things You Have NOT Considered with the Sale of Your Veterinary Practice 1. Your Practice Manager (Hospital Manager or Hospital Administrator) will become your new boss after closing. In some cases, this will literally be the case, and in other cases, it may be...
