In addition, we give you the opportunity to “roll equity” when we purchase your business, which means you can take a portion of your purchase price and exchange it for shares in MedSpa Partners in what is, in most cases, a tax-free rollover. This allows you to enjoy the long-term financial benefits of Canada’s premier dermatology and medspa platform. That is what being partners is all about.
Absolutely. In fact, we all want you to practice as long as possible. However, some doctors will want to slow down over time and together we will work on creating and implementing a succession plan that works for the partnership.
We’ve all been through acquisitions ourselves, and we recognize that this can be a time of uncertainty and anxiety for many people. That’s why one of our top priorities is ensuring that your team feels supported and motivated – it’s their talent, engagement, and passion that is the key to creating a great customer experience. We will work very closely with you to design a transition plan that is transparent, respectful, and – ultimately – motivating to your team members. The feedback that we have received from the clinic teams we have already partnered with has been extremely positive and exciting.