Image

Service Overview


Navigating the Complexities of Buying a Practice

Introduction to Practice Acquisition

Acquiring a practice is a significant step, whether you're a first-time buyer or an established practitioner expanding your portfolio. Effective handling of the legal aspects is crucial for a seamless transition. Our experienced legal team specializes in guiding you through every stage of the acquisition process, ensuring you’re fully prepared for this important investment.

When to Engage Carrell Law

Our clients bring us in as soon as they decide to become a practice owner. While we are happy to help at any stage, many of our clients found that engaging us early in the process was beneficial even before the selection of the practice to purchase. We can help with strategies in finding the perfect practice, comparing various purchase options, and assessing the value of the business. Our expertise allows us to understand your practice vision and identify the best opportunities unique to your goals.

Comprehensive Legal Support

Our services encompass all facets of practice acquisition. From finding your practice all the way to opening the door on your first day of ownership, we ensure that every detail is meticulously addressed. We help buyers in the early stages in to find the right practice for that individual buyer with support comparing different purchase options and assessing valuations.  We draft purchase agreements that address the important aspects of the sale including the seller's representations and warranties, negotiating post-closing employment agreements, and crafting restrictive covenants that protect your interests.  Most importantly, we draft with the experience of understanding the dental industry and common issues that can be overlooked without this experience.

Our support does not end with the drafting of the purchase agreement.  We support through the due diligence phase – helping you to identify key steps in your review of the practice prior to closing.  The due diligence process is important to learn about the practice, resolve any outstanding issues pre-closing, and plan for any post-closing steps that may need immediate attention.  Marie will guide you through team communication including hiring of existing team members and timing for recruiting new team members to join the team.  We are also here for the post-closing activities to provide you with any support needed as you establish vendor relationships, transition patient care, and start your private practice.

Tailored Approach to Each Transaction

Recognizing that every acquisition is unique, our team adopts a customized approach to each transaction. The process is focused on you and your goals – ensuring that this practice purchase aligns with the vision you have for your career and your practice ownership.  We conduct thorough evaluations to address specific legal, operational, and practical issues that may arise, taking into consideration the distinct nature of the practice—be it a general practice or a specialty. This personalized attention helps to pave the way for a successful transition.

Identifying and Mitigating Risks

In the often-complex world of practice acquisitions, unforeseen challenges can emerge. Our firm works closely with you to identify potential risks and develop proactive strategies for addressing them. We ensure that all relevant legal considerations are accounted for, allowing you to focus on your new practice with confidence.

The Importance of Experienced Professionals

Every practice is different and so is each practice transitions, no matter the details of your practice, having a seasoned legal team by your side is invaluable. Our attorney brings extensive experience in practice acquisitions, providing you with the expertise necessary to navigate the legal landscape and achieve a successful outcome.

Ready to Buy a Practice? Let Us Help!

We invite you to contact our dedicated legal team today to discuss your practice acquisition plans. With our guidance, you can embark on this journey with peace of mind, knowing you have experienced professionals committed to your success.

Ready to Get Started? Fill here to get started!

New Client Intake Form
Want to know more? Schedule a Free Initial Consult with Marie

Results-Driven Representation.
Let's Connect!