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Key takeaways CityVet still speaks directly to sellers. Its live ownership page invites practice owners looking to sell, although the latest verified closed acquisition found here became effective in May 2024. Ownership has more than one layer. RiverGlade remains the private equity sponsor, while CityVet describes veterinarian equity at the clinic level. Growth is hybrid.…
Read More >>Key takeaways A group is more than added-up revenue: consolidated normalized EBITDA and the durability of every location drive a defensible valuation. More locations do not guarantee a premium: buyers distinguish transferable group infrastructure from several practices bundled under one owner. Every site still gets tested: doctor coverage, leases, growth sources, records, capital needs, and…
Read More >>Key takeaways Clinical readiness and financial readiness are separate questions. An associate can be the right successor even when the first financing structure doesn’t work. The SBA 7(a) program can support a full buyout or a partial buy-in; the lender decides what the associate and practice can carry. With seller financing, part of your retirement…
Read More >>Key takeaways Fair compensation comes first: AAHA’s retention research found it was the strongest factor reducing attrition, ahead of appreciation and career development. Listening only matters when the owner acts: practices with 90% retention shared a habit of surveying staff regularly and using the feedback. Use turnover data as a warning light, not an excuse:…
Read More >>If you search this question, you will get answers between roughly 2.5 and 14. That spread is not a disagreement about the market. It is several different questions being answered as though they were one. Some of those figures describe a small owner-operated practice bought as a tuck-in. Some describe a multi-site group with real…
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