(Sigmund Software) We contacted a variety of potential buyers and received multiple bids, which allowed us to get the full asking price for this business opportunity. We had bids from software companies and private equity groups that were located in Canada, Europe, California, and the Washington DC area. The full price offer came from a Canadian software company that was motivated to move quickly and had financing in place.
(Northwest Homecare, Inc.) A business that provides Home Health Care Aids to hundreds of elderly clients. We were able to introduce multiple buyers to the seller and obtained several bids. We negotiated the best terms and assisted the buyer in securing financing for 90% of the purchase price with the seller providing funding for 10% of the price. The buyer has a Nursing Aid business and wanted to expand his services to provide home health aides.
We were able to sell the business in less than 3 months for the full asking price to a buyer with experience in the industry. The company offers services that include skilled nursing, physical therapy, occupational therapy, medication management, speech therapy, home health aides, nutritional care, wound care, diabetes management, IV infusions, and more. The buyer was able to obtain SBA financing with only 5% of the purchase price as a down payment. The home healthcare business for sale was located in the Abilene, TX area.
(Maverick County Medical) This general practitioner had a successful practice built up over many years. He was ready to retire and contacted us to find the right buyer for him. We were able to get multiple potential buyers, and ultimately the business was sold to a public company specializing in data-driven healthcare. He was comfortable with how they would take care of his patients going forward and will stay on after the sale to help with a transition. The business was sold for the full asking price 7 months from the Doctor’s first call to us. He was kind enough to write a 5-star review on Google for his appreciation of our work.
(Synergy Homecare) The seller was busy with a full-time job and didn’t have time to devote this business. We located a buyer that had time to invest in growing the company and was able to get an exclusive territory and ongoing clients.
(MJ Transportation) The company provides non-emergency medical transportation for patients to get to and from their doctor appointments. The owner wanted to relocate out of state. We were able to find the right buyer and negotiate terms that worked for both parties.
(MHH Clinical) We had several inquiries and sold the company to someone that had experience in the industry and was able to bring their expertise to the business with the help of a transition from the owner to ensure that ongoing care was provided to their patients.
Large Counselling practice with 30 therapists has been sold. They provide counseling for anxiety, depressions, ADD, Autism, Substance Abuse, Psychosis, and more. Their services included telemedicine, in-home house calls, as well as in-office counseling. They serve individuals, families, vocational mentoring, and more. The business was purchased by another mental health business that wanted to expand through acquisition. The business was sold in less than 5 months from the time we started on the assignment. We assisted with SBA financing so that the seller was able to receive almost all of the proceeds at the closing.
(Quality Homemakers, Inc.) The owner had the business for 25 years and has two locations. Due to our experience selling multiple homecare businesses, she hired us to sell her business. We introduced several potential buyers, but the one that gave the best offer was from an individual who like the growth prospects of the company and industry with an aging population. It was also within commuting distance of his home. He didn’t have all of the funds to purchase the business so we introduced our banking contacts who were able to provide the buyer with financing to enable the seller to get paid at the closing with a small amount that would be paid in the future after the seller assists with a transition.
(Loomis Plastic Surgery) Surgical Practice was sold to another Surgeon that wanted to expand their practice. We negotiated a price and terms that worked for both parties.
The business provides in-home primary care including physicals, medication management, dementia assessments, wound care, vaccinations, telehealth, medical testing, and more. They are based in Camden County, NJ, and services the counties of Atlantic, Cumberland, Burlington, Gloucester, and Salem. The business was sold to a NY City buyer that had a background with executive positions in healthcare companies.
(Millenium Medical Rehab) A business owned by a Physiatrist Medical Doctor & Acupuncturist. They provided additional Medical therapies and had on staff a Physical Therapist, Chiropractor, Massage Therapist, and provided Pain Management Services. The business was sold to a Physician that wanted to diversify their income beyond their own medical practice. The seller will help with a transition of the company before they retire.