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Services

INTRODUCTION

Services/Pricing:

We like to keep it real. There’s nothing more frustrating than not knowing what a service costs, right? Everything starts with a no-pressure phone call to get to know each other and get a better understanding of your “why” and what you are looking to accomplish. We will chat about your practice’s history and your goals moving forward, and then we’ll provide a ballpark valuation of your business based on current market trends. Whether it’s in one phone call or five, we will ultimately determine if consolidating the practice is the right move for you to make at this time. There is no charge for this consulting arrangement.
WHAT WE DO ?

After the initial consulting arrangement, there are two different routes you’ll choose from:

If you decide that you would like to move forward and want to go about this process on your own and without representation, FortyOne Thirteen will provide the following:
The doctor will answer some questions so we can get a better idea of what potential partners could be a good fit for you. We will provide introductions to Groups that are actually worth speaking to. We know the good ones.
LEARN MORE
You will need legal representation for this process. We will provide you with some legal firm recommendations so you can interview them and determine which is the best fit for you. Attorneys play a vital role in this process, and you want to work with lawyers that focus strictly on acquisitions in the DSO/MSO space.
Market Analysis
We will provide a list of questions that you should be asking your potential partner. Doctors don’t know what they don’t know, so it’s critical to make sure you are finding out some information that you typically wouldn’t think of asking.
The cost for this service is only paid if you actually sell your practice to one of the Groups that we have recommended and introduced. Similar to a real estate agent fee (but cheaper), you will owe 2% of the value of the deal.
The second option for you would be to utilize an advisory firm to help guide you through this process. A reputable firm brings a ton of value to the table, but you must be cautious with this decision as well. FortyOne Thirteen knows the best firms that follow the process the right way for their clients. We strongly recommend this option.

There is no cost for an introduction to an M&A advisory firm, as we will receive a finder’s fee from them if you end up selling. You will be paying them a commission for their services, so we don’t feel it’s necessary to add on to that figure.