Transactions · M&A Advisory
Practice acquisitions and M&A advisory.
We help buyers find and acquire the right physician offices, practices and medical groups, and help owners prepare for and complete a sale. Every engagement is grounded in a clear view of value and how a practice actually operates.
Strong acquisitions rarely appear on the open market. We conduct targeted searches for physician offices, practices and groups that fit a buyer's specialty, geography and growth plan, including owners who have not yet considered a sale.
Each opportunity is screened for clinical fit, financial performance and operational condition before it reaches the buyer, so time is spent only on practices worth pursuing.
Target Profiles
Two paths to a sound acquisition.
Established performers
Practices with strong, verifiable EBITDA, a stable provider base and consistent patient volume. These targets support immediate returns and serve as platforms for further growth.
Value-add opportunities
Practices whose performance does not yet reflect their potential: underused capacity, revenue cycle gaps, credentialing delays, high supply costs or staffing inefficiencies. Our operational services are built to close those gaps after closing.
Representation
Advisory on both sides of the table.
Whether an owner is preparing for a sale or a buyer is pursuing a strategic acquisition, we bring sector expertise, a disciplined process and a clear view of value.
Sell-side advisory
Readiness assessment and positioning. Valuation and review of strategic alternatives. Preparation of marketing materials and targeted buyer outreach. Management of diligence, negotiation and closing.
Buy-side advisory
Target identification and screening. Clinical, operational and financial diligence. Valuation and deal structuring. Negotiation support and post-closing integration planning.
The structure of a transaction shapes its risk and its value. We help clients weigh an asset purchase agreement (APA) against a stock purchase agreement (SPA), and we review the business terms of each draft from an operator's and investor's perspective.
- StructureAsset versus stock purchase, and how each affects contracts, provider numbers, payer agreements and liabilities.
- EconomicsPurchase price, working capital, adjustments, earn-outs and holdbacks.
- TransitionPhysician employment and non-compete terms, staff retention and continuity of patient care.
- Diligence findingsTurning what diligence uncovers into negotiating points and closing conditions.
Arc Partners is not a law firm and does not provide legal advice. We work alongside each client's attorney, who is responsible for drafting, legal review and legal advice on every agreement.