Posts by Author: Melani Seymour
Rollover Equity and Earnouts in a DSO Deal: What You’re Really Buying
An owner sent me a letter of intent last spring with one line highlighted in yellow. The headline number. She had read the rest twice. Twice. She still could not tell me what most of it meant, and she is a careful, numerate dentist who runs a tight ship and reads her own profit-and-loss statement…
Read MoreWho Owns Mission Pet Health in 2026—and What It Means if You’re Selling to Them
Key takeaways Shore Capital is the sponsor of record. Silver Lake also lists Mission as a current investment partnered since 2024 under Silver Lake Partners & Alpine. Mission is the combined platform. SVP and MVP merged in late 2024, then introduced the Mission Pet Health brand in 2025. Public records stop short of percentages. They…
Read MoreThe DSO Letter of Intent: What You’re Actually Signing in 2026
He read me the first line over the phone. “This letter is non-binding.” That was the sentence he had fastened onto, and it was doing an enormous amount of work in his head. Non-binding meant no risk. No risk meant he could sign it, see what diligence turned up, and walk if he didn’t like…
Read MoreSelling a Rural Veterinary Practice in 2026
Key takeaways Rural does not mean small or automatically discounted. A substantial companion-animal general practice can attract strong interest when its earnings, local demand, staffing history, and operating model are clear. The catchment must be demonstrated, not described. Client addresses, drive-time patterns, rebooking, referral flows, and new-client sources show why the practice works in its…
Read MoreHeartland Dental and Your Practice: What Owners Should Know in 2026
The letter usually arrives on good paper. It names your practice specifically, it is complimentary about what you have built, and somewhere in the second paragraph it suggests a conversation. If you own a well-run general practice anywhere in the country, there is a reasonable chance the organization on the letterhead is Heartland Dental. That…
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