Post-Transition Support.
Our team now shifts their focus to life after the transaction. Working capital needs to be calculated, employment agreements are honored, and you need to benefit fully from the deal.
The Deal is Done, but our Work Isn't Complete.
Your deal is complete, funds have been transferred to your bank accounts, and you are feeling a tremendous amount of relief and elation. We check-in with you during the post-transition period to ensure your deal is going as expected and how you are handling the emotional change of transitioning your business. This deal is as much mental as it is financial.
Working Capital.
There is working capital that needs to be calculated and monitored. We typically schedule a 90-day-post-transition-check-in just for this purpose.
Earnouts.
We do our best to avoid earnouts during negotiations. However sometimes they are necessary under very particular circumstances. Earnouts can help reduce risk and liability for the buyer while giving the seller an opportunity to achieve a higher sale price for their clinic if they meet certain criteria.
Typical earnouts will run for six months to two years, pending on the agreed arrangements. We work with you during this period of time to make sure you are easily achieving these goals. We want to ensure that you realize the full extent of your sale price.
Post-Transition Support.
We also stay with you during the post-transition period. We want to make sure that all of the employment, staffing, and lease arrangement details are being fulfilled. If any discrepancies arise, we will help to liaison with the buyers to ensure that there is both clear and transparent communication.
Our job is only done when all of these steps are completed in their entirety.
Plan Your Transition Ahead of Time.
Don’t wait until you’re in the later stages of your career to begin thinking about your veterinary practice transition. The longer you plan ahead, the more value you can expect from your practice. This will ultimately allow for our team to have more lead-time to address growth, efficiencies and drive optimal environment for your valuation.
With our years of experience representing veterinarians for transition planning, we have seen it all. If you plan ahead, you can be ready to transition when you want to, rather than when you need to, eventually avoiding costly mistakes.
One piece of the Veterinary Practice puzzle.
Veterinary Practice Transition Support Experts.
Our team has over 56 years of combined experience in the financial and veterinary fields. We have worked on over 79 deals that have changed the lives of Veterinary Practice Owners and Associates alike. We encourage you to read our success stories as our clients explain the process best!
1. Investigate & Evaluate
3. Market & Negotiate
5. Advise & Close
2. Plan & Prepare
4. Due Diligence Support
6. Post – Transition Support
1. Investigate & Evaluate
2. Plan & Prepare
3. Market & Negotiate
4. Due Diligence Support
5. Advise & Close
6. Post – Transition Support
The MVG Difference.
Industry Knowledge.
Our team has been involved in all types of transactions ranging from partial sales, joint venture deals, growth investments, and most typically outright sales. Our members have founded veterinary practice management companies, headed large corporate consolidators and have overseen massive private equity investments. The result is our practical and industry knowledge to give you the edge to achieve your desired outcome.
Leadership Team.
Our deal advisory firm is comprised of professionals and specialists from the corporate worlds of private equity, investment banking and veterinary operations. This well-rounded core group has complementing skill sets for each phase of your transaction, from initial planning to post-transition support.
Strategic Partners.
We have cultivated a list of professionals that understand the veterinary industry, consolidation models, transition tax planning and legal frameworks, which include specialized Law Firms, Accounting Firms and Veterinary Management Advocates.
We continue to seek further partnerships to better serve our clientele.
We continue to seek further partnerships to better serve our clientele.
myVETgroup
Speak With A Veterinary Practice Transition Support Expert Today.
We help Veterinary Practice Owners transition their practice.
We help aspiring Veterinary Associates buy into practices.
