Key Takeaways Veterinary practice valuations are typically based on adjusted EBITDA, not revenue alone. Multiples matter, but how a practice is evaluated and presented can significantly impact value. Experienced M&A and private equity insight can uncover value drivers and risks that simpler valuation methods may miss. Factors like team structure, operational systems, growth potential, and […]
Key Takeaways Today’s market is still strong, and practice valuations remain well above what most industries experience. A higher multiple means very little if your adjusted EBITDA isn’t accurate or properly calculated. The conditions that created the valuation spike are unlikely to return. Timing should be based on your readiness, not someone else’s outcome. Selling a […]
Many practice owners are holding off on selling, hoping valuation multiples will return to the highs seen a few years ago. But as discussed in this episode of 360 Half Seconds, that strategy may not work. The surge in valuations during 2020–2021 was driven by unique market conditions, and those conditions have already shifted. Today’s […]
Key Takeaways The biggest financial mistake practice owners make is failing to separate business profits from personal wealth planning. A practice should help build personal wealth, not just business value. Enterprise value (sale price) and income value (lifetime earnings) must be managed together. Over-reliance on a future sale increases financial risk and pressure. Intentional income […]
Key Takeaways Most vets say they feel “unburdened” and noticeably lighter once the sale is complete. They can still practice medicine but without the constant pressures of ownership. They finally regain their free time, allowing them to attend their kids’ activities, revisit hobbies, and take more vacations, often for the first time in years. They […]
In this episode of 360 Half Seconds, Kia and Matt dive into one of the most common — and complex — questions they receive from veterinarians: How do we sell our practice when there are multiple owners involved? They share why alignment among partners is crucial before going to market, how decision-making frameworks can make […]
Matt & Kia talk about the team that veterinarians need to build when getting ready to sell a practice, including an internal point person, M&A attorney, tax accountant, financial planner, and of course, a broker.
Matt & Kia discuss how now is the best time in three years to look at selling your veterinary practice. They also talk about how often the market changes and what influences those changes, as well as the impact of interest rates and recapitalizations.
In a recent episode of 360 Half Seconds, Matt sits down with host Kia to answer a big question on every owner’s mind: How often does the market change, and what actually drives those changes? The Short Answer: It’s Complicated Market fluctuations don’t follow a calendar. There’s no set schedule where things rise or fall […]
Matt & Kia discuss why using a broker to go to market, even if your practice valuation is less than you’d like, is a good idea, depending on your circumstances. In many cases, especially for those nearing retirement age, the risk of waiting is much higher and there’s no harm in looking at offers then […]