Posts by Author: Melani Seymour

Purchase Price Allocation in a 2026 Veterinary Practice Sale: What Every Owner Must Know Key takeaways Purchase price allocation (PPA) determines how much of your sale price is taxed as ordinary income versus capital gain — on a $3 million practice, a well-negotiated allocation versus a poorly negotiated one can shift more than $200,000 into…

Exclusivity Clause in a Veterinary Practice Sale: What It Means in 2026 Key takeaways The exclusivity clause is the one binding provision in an otherwise non-binding LOI. While purchase price and deal structure are non-binding, the no-shop clause is legally enforceable — violating it can trigger injunctive relief and damages. Typical exclusivity periods run 30…

Indemnification in a Veterinary Practice Sale: 2026 Guide to Survival, Caps & Holdbacks Key takeaways Indemnification is how the buyer holds the seller accountable after closing — it’s the contractual obligation to compensate the buyer for losses caused by a breach of the representations and warranties the seller made in the asset purchase agreement. The…

When to Sell My Vet Practice? The best time to sell your veterinary practice is 12 to 24 months before your planned retirement or exit date, ideally when your clinic hits $1.5 million or more in annual revenue and market EBITDA multiples are at a peak. Because a proper practice transition requires extensive operational and financial preparation, the…

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…