Review of 2021 for Virginia Veterinary Practices

By Keiter CPAs

Review of 2021 for Virginia Veterinary Practices

Keiter Advisors provided an overview of the M&A market for Veterinary Practices in 2021 with an outlook for the market in 2022.

“Veterinarian Practice Insights: 2021 in Review” Excerpt:

2021 was an incredibly busy year for veterinary practice acquisitions. Many practice owners, anticipating tax changes, entered the market to sell their practice. A hungry group of consolidators eagerly pursued these opportunities. Although the “end of year” 2021 rush may temporarily slow activity, there remains a strong desire for acquiring well-performing practices in 2022. We hear from some consolidators that the pipeline of new opportunities is already beginning to replenish as sellers seek to take advantage of a very liquid and active M&A environment.

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Considering to sell your vet practice?

To help make the most of your potential business value, access Keiter Advisors’ 9 tips below:


 

Keiter Advisors | Transaction Advisory Services

Keiter Advisors is a full-service transaction advisory group serving companies in middle market M&A transactions and financing. KA is recognized as the national leader in assisting owners to:

  • Buy or sell foodservice distribution, meat processing and produce companies
  • Plan and execute transition strategies, including family buy out initiatives and third party sale
  • Examine the profitability of their business and develop viable improvement programs
  • Renegotiate existing financing arrangements and secure new lenders

 

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About the Author


Keiter CPAs

Keiter CPAs

Keiter CPAs is a certified public accounting firm serving the audittax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial servicesconstructionreal estatemanufacturingretail & distribution industries and nonprofits. We also provide business valuations and forensic accounting servicesfamily office services, and inbound international services.

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The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.

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