The National Veterinary Law Group at Mandelbaum Barrett PC facilitated the successful sale of a multi-doctor, high-volume veterinary practice in South Carolina to a corporate consolidator. The transaction was led by Partner Maria A. Groeneveld, Esq., with support from Paralegals Lindsey Priolo and Kara Cobb.
The deal included a negotiated assignment of the hospital’s facility lease, and the buyer assumed all lease obligations seamlessly, mitigating any risk of post-closing occupancy issues. Concurrently, the seller’s outstanding bank loan was paid off at closing, funded by the purchase price, providing a clean debt position and enhanced transparency for ongoing working-capital planning.
For the selling veterinarian, packaging the lease assignment and debt payoff into the transaction maximized practice valuation and ensured a smooth ownership transition. For the buyer, the acquisition provides immediate access to a high-margin, fully equipped clinic featuring state-of-the-art technology in a historic and growing community.
The veterinary M&A market remains robust as corporate buyers continue to pursue scale and independent practitioners explore liquidity and succession planning. Creative deal structures—such as pairing lease assignments with debt-payoff strategies—are proving effective in aligning buyer and seller expectations while driving timely, efficient closings.
These stories are successful case results from our attorneys. Please note that results may vary depending on your particular facts and legal circumstances.