Warners Advises on the Sale of Another Professional Practice

The sale of an established regional veterinary practice operating from three locations across the South East of England was led by Patrick Smith. Patrick was assisted by Russell Brinkhurst, with Darren Millis handling the property related aspects of the deal.

As is fairly typical for the veterinary industry, the practice was owner managed. Certain of the sellers were to remain working within the practice after completion of the sale, with others intending to pursue outside interests. It was, therefore, important to ensure that the varied interests of the seller clients were carefully considered. The buyers sought to impose fairly strict post sale restrictions on the sellers. In addition, certain of the sellers were to be employed by the buyer to continue the development of the practice moving forward. These were matters that were considered in detail and heavily negotiated.

This sale adds to the broad range of sales and purchases of professional practices that Warners Company Commercial team has recently advised on and successfully completed.