A clear, transparent process from first conversation to completion
We know that selling or transitioning your practice is one of the most significant decisions of your professional life. We’ve designed our process to be as clear, fair, and low-disruption as possible with no surprises.
The 8-step partnership process
Non disclosure agreement
Execution of a Mutual Non-Disclosure Agreement (NDA) to allow the exchange of confidential information
Initial info request
We’ll ask for some basic information financial & operational information to build a deep understanding of your business.
Expression of interest letter
Subject to receiving the practice information and internal approvals, Health&Co will provide you with a non-binding Expression of Interest letter offer (EOI)
Due diligence
If you accept this offer, we will enter a period of exclusivity for 6-8 weeks, and proceed to due diligence and drafting of the key legal documents. Upon completion of due diligence, we will confirm our offer
Terms sheet
The term sheet sets out the key commercial terms of the transaction, which will be used to draft legal documents
Signing legal docs
If you accept our binding offer, we will proceed to signing of the legal documents
Completion
Typically the acquisition will formally complete and up-front consideration paid within approx. 4 weeks post signing.
Integration
As we get to know your business, you are unlikely to experience any significantly changes to day-to-day operations. Over time, our team will work with you to integrate our support services as required.
What practice owners say
Working with Health & Co has been seamless. From the outset, they took the time to understand not just the business, but my personal goals as a clinician and practice owner.
The transition was collaborative, well-structured, and respectful of the legacy we’d built. Importantly, they designed the next chapter in a way that aligned to my ongoing role and future plans.
It was not just about the transaction, but about creating the right long-term fit.
Dr Shaun Zail
For those of you out there contemplating an exit strategy from ownership in general Practice, I would encourage you to speak with Health & Co.
I have loved starting my own clinic and genuinely wish I had done it years earlier, but aging is not for the faint hearted and things that used to be thrilling and exciting gradually become tiring. We all slow down and despite deep talent in our younger GP colleagues it is an immutable fact that there is less enthusiasm present in that group for grasping the ownership baton.
Health & Co have always listened to my concerns, they have no desire to homogenise GP clinics. They have helped in areas where it has been required and have stood back where intervention would frustrate. It is still early days, but so far five stars
Dr Tamsin Franklin
Frequently asked questions
How long does the sale process take?
What affects the timeline?
What happens to my staff?
What happens to my GPs?
Can I keep practising after the sale?
What happens to my brand?
I own the building - what are my options?
How will my billings be treated?
What are the tax implications?
Who pays legal and transaction costs?
Have a question not covered here?
Contact our team for a confidential conversation