Selling a dental practice is a major milestone. But when that practice is owned by two, three, or four partners, the legal complexity doesn’t just double—it multiplies.
We recently completed a highly complex, multi-principal transaction in London, and it highlighted exactly why partnership alignment is the ultimate “gatekeeper” of a successful exit.
The Multi-Principal Challenges:
Differing Exit Goals: One partner might want a complete clean break to retire, while another wants to stay on as an associate for three more years. Balancing these conflicting buyer requirements takes precise contract structuring.
Equity & Liability Splits: If historic clinical liabilities or structural “paper-leaks” are uncovered during due diligence, how is the indemnity risk shared among the partners?
The “Unanimous” Stumbling Block: If your partnership agreement doesn’t clearly define the voting rights for a sale, a single dissenting partner can stall the entire transaction.
The Jacobs Legal Advice Before you even speak to a dental broker, get all partners around a table. Align your expectations on transition periods, post-sale handcuffs, and minimum valuations.
Selling with partners? Don’t let misalignment cost you the deal. Book a confidential consultation with our team today.