Over the past decade, the veterinary transaction market has undergone a significant transformation. Early waves of consolidation were often defined by relatively simple transactions in which a practice owner sold the business outright and transitioned out within a few years. Today, however, veterinary deals look very different. Buyers and sellers are increasingly structuring transactions as long-term partnerships rather than one-time exits. Joint ventures, rollover equity, and performance-based earn-outs are now common features of many deals. These structures allow practice owners to obtain liquidity while remaining engaged in the practice and participating in future growth.
Read the full article: The New Normal in Veterinary Transactions: Joint Ventures, Longer Commitments, and the Rise of Earn-Outs //
Source: https://mblawfirm.com/insights/the-new-normal-joint-ventures-longer-commitments-and-the-rise-of-earn-outs/