CON Home Health

After a rigorous application process, John B. decided to sell his highly desirable Certificate of Need (CON) Home Health business to service the Washington D.C. area.

Under a shortened timeline and high pricing expectations from the seller, Andre Ulloa was chosen to search the market, and successfully identify a buying party based on their competence, speed, and capability of acquiring quickly.

Client

Certificate of Need (CON) Home Health license in the highly desirable Washington D.C. area.
No billing, staff, census, or location associated with the license.

Objective

Successfully negotiated an LOI and Purchase agreement that held the buyer accountable to the agreed price consideration.
Collaborated with attorneys from both sides to close within 45 days of signing the Letter of Intent.
Fostered a collaborative relationship between the buyer and seller, which will exist beyond the sale.

Result

Successfully negotiated an LOI and Purchase agreement that held buyer accountable to agreed price consideration.
Collaborated with attorneys from both sides to close within 45 days of signing the Letter of Intent.
Fostered a collaborativerelationship between the buyer and seller, which will exist beyond the sale.

“Andre and Mark far exceeded my expectations. They did an excellent job of finding multiple high quality offers for our business and helped manage a complicated sales process.”

John B.
Former Owner and Operator

Questions about the sale process or current multiples within your unique healthcare segment?