Professional Practices
Negotiating the purchase and sale of professional practices has been one of IBA’s primary business activities for over a quarter of a century. Our past transactions in this niche have included veterinary hospitals, optometric practices, dental offices, and accounting practices. We have sold professional practices in small communities with limited competition and multiple location chains in major metropolitan areas. Currently, IBA has practices in Washington, Oregon, & California available for purchase.
In addition, to representing business owners in the sale of their professional practices. IBA’s professional practice division also offers consulting services in the following four areas:
- Valuation for purposes of internal sale, estate planning, or divorce.
- Negotiations for purposes of internal sale or to an identified party.
- Expert testimony in court for purposes of establishing the “fair market” value of a professional practice in a partnership breakup or divorce.
- Confidential target marketing and representation of professional practice buyers desiring an acquisition in a specific geographic area.
The director of IBA’s professional practice division is Michael Kovsky. Dr. Kovsky, a retired veterinarian, has personally negotiated over 200 professional practice transactions in the Pacific Northwest since joining IBA in 1990. Dr. Kovsky is a nationally recognized informational resource for the veterinary industry relating to the sale, purchase, or merger of hospitals. He is a published author in trade publications for AAHA, WSVMA, and OVMA and a featured speaker at veterinary conventions and veterinary programs at universities. Dr. Kovsky can be contacted either though IBA or the Veterinary Practice Sales Group, www.vpsg.com, or www.vetconcepts.net.
The other member of IBA’s professional practice transaction team is Stephen Correa. Stephen Correa, a past client IBA and a retired veterinarian, focuses his representation activities in Eastern Washington.
Please contact our office if you have any questions regarding the representation we provide our clients or if you would like to schedule a time to meet with an IBA associate with experience in the sale of a professional practice.
Email: professionals@ibainc.com
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