Joining me on this episode is Bob Winder, the President and Founder of Logan Growth Advisors, a mergers and acquisitions firm that specializes in healthcare. You will get to hear from his massive experience as a growth strategist for Fortune 500 companies and as a private equity investor who successfully ran and sold a group of dental practices. If you are interested in selling your practice or learning what options are out there for buying and selling practices, this episode is for you.
Listen in as Bob shares some key insight into private equity models, from how they have been evolving over the years, to how they can work successfully. He also discusses a lot of the nuances and pitfalls that you should be aware of when dealing with transitions, partnerships, and buyouts, as well as what Logan Growth Advisors does to help practices and owners create a thoughtful and deliberate transition.
Minute Markers:
- 0:56 – Bob’s extensive experience in business growth and transitions.
- 2:07 – The evolution of private equity models.
- 6:04 – What seems to be less risky and why bigger may be better with investing in practices.
- 7:24 – How rising interest rates are affecting deals going on right now.
- 10:35 – Bob’s advice to those who are looking for the right time to potentially exit the market.
- 13:30 – Two ways that upside is structured.
- 15:35 – What happens when your buyer consolidates and sells (and other transition risks).
- 19:09 – The structures and nuance involved in a buyout and how to avoid common pitfalls.
- 21:47 – How Logan works with you to make the right transition.
- 24:56 – Assumptions people often make about what private equity wants.
Featured on the Show:
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1. Schedule a Call with My Team:
If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest.
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