Ray White Practice Sales launches healthcare M&A offering
Ray White Practice Sales, a subsidiary of real estate group Ray White, has made its entry into the mergers and acquisitions (M&A) advisory space, with a focus on deals in the healthcare sector.
Founded last year by a trio of executives who successfully exited a healthcare business they had previously built, Ray White Practice Sales initially launched as a brokerage for healthcare organisations.
Speaking on the new offering, co-founder Carl Burroughs said the expansion was a natural progression for the boutique firm, enabling a better and more rounded service towards its clients including healthcare practitioners, buyers and investors.
“We are thrilled to bring our expertise to the M&A sector,” said Burroughs. “With this expansion, we aim to leverage our extensive market knowledge and industry connections to facilitate seamless transactions for clients looking to buy or sell healthcare businesses.”
Building on its existing portfolio of clients and network of its senior team, Burroughs said the firm has already assembled a $400 million revenue healthcare portfolio, which includes a diverse range of veterinary, dental, NDIS and medical practices.
“Our $400 million revenue portfolio is a testament to the trust and confidence our clients place in us,” commented said Brett Buckley, co-founder of Ray White Practice Sales. “Being professional negotiators, we are dedicated to delivering unparalleled service and strategic guidance to ensure successful mergers and acquisitions in the healthcare space.”
The new offering will be spearheaded by a team of M&A professionals who brings decades of experience in handling negotiations to achieve successful transactions. “Our clients can expect comprehensive support throughout the entire process, from initial consultation and appraisal to negotiation and settlement,” explained Buckley.