Your journey to completion
Acquisition journey
The task of selling can be daunting. We’ll work closely with you to ensure this runs as smooth as it can, always on hand to chat offer advice.
Our first bit of advice…. Preparation is key to a smooth process.
Journey to completion
Whether you are selling a 3 surgery practice or a 7 surgery specialist referral centre, the process is much the same.
If everything runs smoothly, you could complete in as little as 12 weeks, although there are often a few hurdles along the way. Getting prepared early will be crucial to reaching your goals.
Week 1 Talk to us about your options
- Ensure cultural fit
- Meet our team
- Explore your options
Week 2 Free valuation and other discussion
- Review financials
- Value business
- Receive offer
- Negotiate terms
Week 3 Heads of terms
- Appoint lawyers
- Sign heads
-
Confirm appraisal
- Financial
- Legal
- Clinical
- Commercial
Weeks Week 3 to 12 Deal documentation - Due diligence
- Sale agreement
- Property lease
- Associate agreements
- TUPE protections
- Supplier notifications
- NHS registrations
- CQC registrations
Week 12 Completion
- Signing documents
- Money transfer
- Team announcement
A helping hand
We have a dedicated team to make sure the journey to selling your practice is as smooth as possible.
Whilst the due diligence itself can be intense, we are experienced at helping you to make sure this is as short as possible with the key objective being to verify the financial performance of your practice and some legal points around employment and contracts.
You’ll have weekly calls to ensure everything stays on track and will be there every single step of the way.