White Paper: The Physician’s Guide to Private Equity Transactions – June 2021
Designed to help physician owners considering a sale to private equity, this paper examines the key questions common to our initial client conversations. The learnings apply to all practice verticals from ophthalmology .. to gastroenterology .. to dermatology. Topics include: The Best Time to Sell, Determining the Best Buyer, The Private Equity Investment Model, Calculating Adjusted EBITDA for Medical Practices, Practice Valuation and Multiples, How to Get Associate Physicians to Buy-in.
FOCUS Investment Banking Represents Microconsult Inc. in Sale to Certified Laboratories
Washington, DC, (June 4, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that Microconsult, Inc., a Carrollton, Texas-based industry leader in cosmetic, supplement and personal care product testing, has been acquired by Certified Laboratories, a Melville, New York-based operator of food, supplements, cosmetic, and personal care laboratories. FOCUS represented Microconsult in this transaction.
Private Equity’s Medical Practice Consolidation Curve. Where Different Specialties Lie.
We think about private equity-backed consolidations as part of a lifecycle. Like most business cycles, it starts out with pioneering that accelerates through further adoption.
FOCUS Investment Banking Announces Merger of Physicians First to Enhance and Expand Healthcare Practice
Washington, DC, (May 10, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Physicians First, a Nashville, Tennessee-based boutique investment banking firm focused on healthcare, has merged its practice into FOCUS. Physicians First founders Eric Yetter and Andy Snyder are joining FOCUS as Managing Directors. Yetter will lead the FOCUS Healthcare Team.
History of Private Equity Investors in Dermatology
There are now thirty private equity firms with investments in dermatology practices and surgery centers.