Deal Alert: A buyer successfully acquired a $1.3 million New York City dental practice, complete with a lease to ensure continuity of operations.
To further protect the buyer, the purchased assets included the Seller’s accounts receivable which were purchased based on a discounted schedule. Purchasing accounts receivable can help avoid cash flow challenges during a transition, making it an important consideration in structuring practice acquisitions. The parties’ agreement also allowed the buyer to assume clinical responsibility for any patient corrective treatment so the buyer could maintain control over patient care while still being reimbursed for part of the costs by the seller thereby limiting large, unexpected expenses.
This tailored structure was crafted with guidance from the National Dental Law Group team, including William S. Barrett, Melody M. Block, and Joshua Gorsky.
If you’re considering a dental practice transition, sale, or other M&A opportunity, the National Dental Law Group is here to provide strategic guidance tailored to your goals.
These stories are successful case results from our attorneys. Please note that results may vary depending on your particular facts and legal circumstances.