Posts by Author: Melani Seymour

Confidential Information Memorandum for a Veterinary Practice in 2026: What’s in the Book Key takeaways The CIM — called “the book” in practice M&A — is the central marketing document of a sale: a 40-to-80-page confidential package that gives qualified buyers everything they need to price a serious offer on your practice. Confidentiality runs in…

Capital Gains Tax on Selling a Veterinary Practice in 2026: What Every Owner Needs to Know Key takeaways Goodwill is the most tax-favored part of your sale. In a veterinary practice asset sale, goodwill — typically the largest component of the price — is generally taxed as a long-term capital gain at federal rates of…

What Changes After a Consolidator Buys Your Veterinary Practice in 2026 Key takeaways Ownership and financial authority transfer on day one, but most of the practice — the name, the team, the patients, the daily clinical work — looks nearly identical for weeks or months afterward. Your role shifts from owner to employee, most commonly…

Strategic vs Private Equity Veterinary Buyer: What Every Seller Needs to Know in 2026 Key takeaways There is one major strategic buyer and dozens of PE-backed buyers in the 2026 US vet market. Mars Veterinary Health — owner of VCA, Banfield, and BluePearl — is the only large-scale strategic acquirer. Every other significant consolidator operates…

Second Bite of the Apple Veterinary Practice: How Rollover Equity Works in 2026 PE Deals Key takeaways The second bite of the apple means a future payout from rollover equity when the PE-backed platform that bought your practice sells again, typically 3 to 7 years after your initial close. Rollover equity is not cash —…