Shared Ownership

 

Supporting Independent Practice Ownership

 

We believe that veterinarians, hospital teams, pets and communities are best served by a diversity of voices in practice ownership. That is why we are working hard to build an infrastructure that supports the transition and continued success, of veterinarian-owned practices.

 
 

Which Model is Right for You?

 

Ownership Transition Coaching

A great partner in business is like a great partner in life—you couldn’t imagine doing it alone. But the wrong partner can be a nightmare.

We coach owners and aspiring owners through the entire transition process, laying the groundwork for strong, successful partnerships.

Not sure if you have an associate interested in ownership? We can help start that conversation for you—or facilitate it together. Whether you’re planning your exit strategy or simply looking to add a partner, we’re here to help. Contact us to learn more!

Partnering Together

Not ready to step into ownership on your own, struggling to make the finances work, or simply looking for the peace of mind that comes with having a guaranteed exit strategy?

We’re excited to introduce our sister company, Erupt Catalyst! Catalyst helps veterinarians overcome the hurdles of independent practice transitions without removing their voice in ownership. We’re by your side when you need us — and step back when you don’t. Contact us to learn more!

 
 

Frequently Asked Questions

  • Shared ownership offers an opportunity to grow your practice, develop future owners, and establish a system for completely transitioning ownership when the time is right.

  • Yes! A practice owner can make as much or more by transitioning their practice to an associate than they can selling corporate. The main difference is that the transition period is usually longer for an associate transition.

  • Partnering with Erupt Catalyst is a true partnership. Each practice retains its unique identity, and decisions about hospital growth or operations are made together following the procedures described in the Operating or Shareholder’s Agreement created together by all partners in the practice. Erupt Catalyst holds the same number of shares as the associate partner(s) and those shares may be purchased by the associate partner after 5 years.

  • Yes! Even if your state restricts ownership of veterinary practices to veterinarians, your practice manager or other staff members, can become owners. They may just need to have a veterinarian as a partner.

  • Most of the practices we currently work with are two or more doctor practices. If you are not quite there yet, we can help you build a transition plan that includes hospital growth. It’s never too early to start thinking about transitioning ownership. Contact us to learn more about the options and resources available to you. We would love to learn more about your practice and your goals.

 
 
“It’s never a good time to sell your practice but it’s always a good time to transition ownership”
— Mike Thomas, DVM