Unfortunately, we don’t have a super satisfying answer here. There are many factors that determine a medical aesthetic clinic’s value so it’s difficult to provide exact guidance. These factors include size, age, growth, profitability, revenue composition, and more. However, we pledge to provide quick valuation feedback on any potential partnership if you choose to engage with us. Further, we pledge to be more-than-fair in everything we do.
Our operations team is led by industry veterans and our business development team is led by world-class M&A professionals. Whether it is operations or finance or something else, we like to think that we share the same old-fashioned values, long-term views, and love for great people and a great service!
We can be flexible in how we structure our partnership. We structure some deals as all-cash payouts. We structure other deals with an ‘equity roll’ component (i.e. you will keep minority ownership) or with an earn-out or seller-note component (i.e. you are partially paid cash upfront and then receive the remainder of proceeds over time). Further, we typically keep the current operating team in place with a more-than-fair industry compensation package. People are the heart and soul of Annie and we make sure our team members know that!
Absolutely! In fact, we love to work with medical aesthetics clinic owners that want to stay on-board post transaction (and keep getting paid!). Of course, if you want to cash out and enjoy the margaritas, we can accommodate that as well!
Yes, non-competes and non-solicits are commonplace in any M&A transaction. As with everything we do, we try to work with the seller and be highly reasonable in our approach to these documents. If this is a sticking point for you, just let us know.
We try to keep the information requests to a minimum until we get to an agreement on valuation and key terms. Once we are aligned, we launch a quick due diligence process to validate numbers. We pride ourselves on being quick and easy to work with. If we enter a preliminary agreement with you it means we trust you as a partner. And when that is the case, we don’t sweat the small stuff!
We keep the process very transparent to avoid any fees at the first step. However, once we send over an offer, we recommend you seek legal advice to validate that we have provided you with a strong proposal.