Justin is a graduate of Seattle University School of Law, and as the dean of the law school, I am proud to claim him as an alumnus. Justin is one of the most professional and motivated individuals I’ve ever met, and his work ethic and commitment are unmatched. He is highly analytical, strategic and business-savvy, but Justin also brings a service orientation to all of his professional endeavors. I have no doubt that he will reach his goal of making Private Practice Transitions, Inc. the preeminent business development and brokerage service in the region.
Justin and I met in context of my professional services marketing and communications practice. When he mentioned his idea to launch a new company (that is now Private Practice Transitions, Inc.) to assist small business owners in transitioning their businesses to new owners in a way that preserves legacy, culture and services to existing clients, I was extremely impressed. In my work with professional services companies in a variety of industries, I often see the need for expertise in researching and finding a suitable buyer who understands a company’s value, and holds a similar commitment to its clients and employees. Justin’s business model and approach meets this need. He is extremely well connected in the region, and has impressed me with his business and marketing acumen.
In the past, professionals who had spent years building their businesses were left with few options other than merely turning off the lights and closing the door when it came time to leave the business. Thanks to Justin D. Farmer’s brilliant new service, these practitioners can now expect to receive a payoff for all that hard work and the goodwill they’ve built up throughout their careers. Orchestrating a smooth transition of the business is a big job, and Justin is up to it. From helping insure the professional practice is in tiptop shape to maximize its selling price, to providing on-going support to help the purchaser learn the skills necessary to maintain and build on a solid practice, Justin has thought of everything to make this a win-win situation for both seller and purchaser!
Justin is the ultimate business consultant. He assisted me during my transition and I couldn’t imagine not using him as a resource. He will be vital to any organization that needs positive change.
What a relief it was to find Private Practice Transitions after a frustrating search for a broker to help me sell my accounting practice. Justin Farmer was a perfect fit. He was responsive, yet patient with the myriad of questions and concerns I had. He immediately recognized the intrinsic value of my business, location, and client base. Then, he analyzed the financial data and staff structure before developing a marketing strategy to maximize the exposure of my business to potential buyers. Within a short time, he presented multiple offers to me. He interpreted the legalese of the offers and wisely advised me how to best evaluate the various offers and develop an exit strategy. I highly recommend Justin and the team at Private Practice Transitions to sell your business.
At the time I contacted Justin Farmer at Private Practice Transitions, I was about to celebrate my 75th birthday and had been in private practice for over 35 years. We had a 3 attorney law firm and practiced mostly business law, coupled with estate planning, probate and real estate law. Justin was instrumental in facilitating the transition to a prospective buyer. Justin is a pleasure to work with and is very dedicated to doing excellent work. I highly recommend his firm.
I was fortunate to have been referred to Justin and Private Practice Transitions by a trusted colleague. I consider myself to be a pretty smart and savvy attorney, but when it came to the big decision on whether to buy into an established firm, I knew that I was too close to the situation to be entirely objective, and, I knew I wanted an experienced set of eyes to advise me. Justin and his team were terrific to work with. He was extremely proactive at every step of the journey, and he provided me with a wealth of knowledge to help me navigate the twists and turns that came up. In the end, the process confirmed what I had suspected – this is a unique and specialized intersection of business and law, full of gray areas. An attorney should bring in help on cases that need expertise, and having Justin on board does the same for practice transitions.
Private Practice Transitions helped me assemble the pertinent data about my law practice so that the business could attract a buyer. Though I had spent many years performing good work as an attorney I did not know how to present my firm to the public. Justin was patient in teaching me what my business had to offer. I learned a great deal under his tutelage. The detailed in-depth work that Justin did helped me realize what I had and how I wanted to transform my practice. He helped facilitate my prosperous and joyful “second act” for which I am extremely grateful.
The Private Practice Transitions team effectively led us through the challenges of selling the physical therapy business we have owned and operated for 15 years. As physical therapists, we face additional nuances to a business sale due to insurance reimbursement and client involvement. The team at Private Practice Transitions helped us wrangle those unique challenges and found us a buyer that we are excited to transition our business to.
I am a very satisfied client of Private Practice Transitions. The memorandum they developed to present to prospective buyers was extremely detailed and professional. Thanks to their tireless efforts we had multiple offers to select from in a short period of time. Without their assistance I am quite confident the practice would have sold to an inferior buyer at a much lower price. Their communication, experience, and overall professionalism are first rate and I would recommend them to anyone.
Private Practice Transitions was the key reason we were able to implement a very successful three-part strategy for our law firm. After years of building a successful practice with a strong and loyal client based, it was extremely important that we could hand off the trusted relationships to a strong successor, receive optimum value for the financial base we developed, and ensure a smooth transition for both us and our successor.
Justin and his highly professional team of experts searched patiently for the right fit and then guided us in the structuring of a great financial and continuity plan. Private Practice Transitions had the depth of experience, the broad market reach and the right approach to develop an attractive offering memorandum on our firm, assist us in the vetting and selection of candidates, and financial guidance to achieve an extremely satisfying and successful hand off to an excellent successor and launch us in our next set of life experiences after years of enjoyable practice of law. We believe they are the gold standard in practice transitions, and cannot thank them enough for their superb assistance!
Our time working with Private Practice was a great experience. Justin and his team were professional, friendly and very patient. Vince and I have gone thru acquisitions before and this was way smoother than any of the others. We appreciated Justin’s ability to be helpful and patient as Vince and I tended to color outside the lines. We would recommend Private Practice Transitions to anyone needing the services they offer!
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