Selling Your Practice? What You Should Know
April 26, 2022
Considering selling your veterinary practice by yourself? Start here. Dr. Gary Ackerman shares what you should be thinking about before you dive into the transition process.
More about this webinar
In the early 2010s, only 10 corporate groups were buying up veterinary practices. Right now, there are 35 groups and counting.
Today’s veterinary acquisitions market is exciting, but equally complex. There are countless to-do items and intricacies to navigate in order to sell your practice successfully. For practice owners planning to sell on their own, we’ve compiled all the questions and considerations you should think over before you begin your sale.
- Preparation needed to achieve a successful sale
- Common mistakes made by DIY sellers and how to avoid them
- Key considerations to examine before kicking off the sales process
Dr. Gary Ackerman
Founder & Co-CEO
Dr. Gary Ackerman is the Co-CEO of Ackerman Group, having founded the company 20 years ago after developing a proprietary process that helps practice owners successfully sell to the corporate market. You can read more about the story of Ackerman Group here.
Gary earned his Doctorate of Veterinary Medicine from the University of Georgia before establishing his own multi-doctor, multi-site practice in Virginia. After growing his veterinary practices for 20 years, he sold them to a corporate buyer in 2001, where he experienced the transition process firsthand.
Throughout his career, Gary gained a wealth of knowledge and experience across many different areas that position him as an industry leader in the veterinary world today. In addition to being a DVM and former veterinary practice owner, he is also a licensed commercial real estate agent and investment advisor. His areas of expertise include (but are not limited to): corporate consolidation, veterinary practice ownership, business growth and management, real estate transactions and construction planning, tax mitigation strategies, practice transitions, due diligence, practice valuations, and negotiations.
Gary is a regular speaker at veterinary conferences and events, and he is an approved CE teacher for numerous realtor, accounting, and legal firms. He is published across multiple trade magazines and management publications where he writes about real estate issues in healthcare as well as practice transitions.
Gary lives in Richmond, Virginia with his wife Brenda. He has two children in college. When time permits, he enjoys water sports and an occasional game of racquetball.