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.
Contact us for a free valuation
What our practices are saying
My experience of Envisage throughout the whole sale process and since we have joined have been very positive.
I would very much recommend Envisage to future sellers. They very much care about your ethos, they don’t want to change the branding, and they very much want you to continue what you have been doing well.
Video Read MoreI wasn’t keen on selling to a corporate because I wanted to make sure that the long term future of the practice and the team were secure.
Envisage Dental approached me and I found them much friendlier than other corporates. They are a corporate with heart!
My experience of Envisage throughout the whole sale process and since we have joined have been very positive.
I would very much recommend Envisage to future sellers. They very much care about your ethos, they don’t want to change the branding, and they very much want you to continue what you have been doing well.
We still have complete clinical freedom to care for our patients exactly as they always were and see no reason for this to ever change.
Jill and I plan to take even more time off now and hopefully get back to enjoying our holidays safe in the knowledge that our practice is in good hands with Envisage Dental!
Video Read MoreJill and I came to the decision to sell the practice in 2020. We explored our options and had lengthy conversations and offers with all the usual corporate groups. It was important that Jill and I chose the right partner as we are still invested in the future of the practice and wanted the best for our patients and staff. Envisage were the right choice for us!
They understood what the practice means to us and how important it was for us to partner with a group who wouldn’t lose the practices heritage and values by changing the way we operate as a team. Envisage were the only group who reassured us that our staff would be looked after too.
We still have complete clinical freedom to care for our patients exactly as they always were and see no reason for this to ever change.
Jill and I plan to take even more time off now and hopefully get back to enjoying our holidays safe in the knowledge that our practice is in good hands with Envisage Dental!
The future for us feels lighter and safer than it was.
Since joining, Envisage have helped with strategy planning and investment which has enabled a lot of practice growth.
We’ve introduced a digital pathway for patients, investing in new technology and equipment. We’ve also recently extended the practice, building a separate hygiene suite to focus on preventative perio for our patients.
Video Read MoreOf all the offers we had on the table we decided to go with Envisage as they were most aligned to our values. It was important to us to maintain the autonomy that we had on a day to day basis and minimise the amount of change for our team.
Many of our patients aren’t even aware that we are no longer independent.
Since joining, Envisage have helped with strategy planning and investment which has enabled a lot of practice growth.
We’ve introduced a digital pathway for patients, investing in new technology and equipment. We’ve also recently extended the practice, building a separate hygiene suite to focus on preventative perio for our patients.
The investment and growth would not have been to the same level without the help and support of Envisage and the team.
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