What You Need to Know as a Buyer
As a buyer, there are three (3) key elements you should understand about acquiring a business:
- Know your buying power.
- Know what questions to ask regarding the business (due diligence).
- Know when and how to make an offer.
In today’s market, businesses move very quickly. If you see a business that you are interested in, you should assume that there are others interested in the business as well. We invite you to look through our current listings, which you can filter by industry and location. If you see a business that interests you, contact us today.
We also offer Buy-Side Representation — Learn more.
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.
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!
Shannon and Vince Preece
I want to thank everyone at PPT for all your hard work! I realize that this was a complicated transaction with lots of moving parts, (including a real estate component, which added another layer of complexity).
I have been extremely impressed with your work on this deal over the past several months. I realize that business opportunity transactions are inherently difficult, but you managed the deal cycle carefully and effectively, and as a result, I feel like I’m well-positioned to move forward and continue delivering excellent legal services to our clients.
Justin, from the outset, your sensible and pragmatic approach to navigating any potential pitfalls that are a part of any deal, removed any doubts related to the outcome of the sale. Your willingness to set ego aside for the sake of the transaction has certainly earned you the moniker, Justin “The Fixer” Farmer.