In 2017 six veterinarians got together and decided to sell their individually owned veterinary hospitals simultaneously to a veterinary hospital buyer. The sale price for each hospital was greater than 2X of revenue.
These extraordinary results were achieved by collectively offering the sale of all six individually owned hospitals to four veterinary hospital aggregators. These hospital aggregators competitively bid on our six individually owned hospitals. Each veterinarian received offers on their practices from all four buyers. We six veterinarians then met with the four hospital aggregators to negotiate higher offers and choose a aggregator we were all comfortable selling to. All six hospitals were sold to the hospital aggregator selected by our group.
Our ambition is to facilitate this win - win approach. Our approach provides veterinary hospital owners with the best possible price for their hospitals and the best fit for your hospitals’ future. Most importantly we offer guidance and advocacy from beginning to end to accomplish your hospital sale and achieve your goals.
Arbitrage is defined as the simultaneous selling of assets to take advantage of differing prices for the same asset. Veterinary hospital aggregators are willing to pay a higher price for the same hospitals if bought together than if the same hospitals are bought separately.