“The Samera team is a seasoned player in providing a due diligence service to buyers of dental practices. Our experts have combined the experience of over 20 years in buying, selling and setting up dental practices. We understand the business of dentistry implicitly so we can help you in assessing all the financial aspects of a dental practice.”Arun Mehra
Our approach is rigorous yet realistic, as not all dental practices financial management systems are the same. We request key information in the form of checklists, and then run through all aspects of the target practice financials in detail.
We provide support in reviewing all financial and tax records, system reviews and overall business assessments.
As dental practice owners ourselves, we have extensive knowledge of dental practices and the issues they face. We know the areas to look for problems and, of course, we know the right questions to ask.
If you are an individual or represent an organisation that is considering a deal then you need to ensure that you thoroughly check all the assumptions that you are making in that deal.
Financial due diligence can provide peace of mind to buyers, by analyzing and validating all the financial, commercial, operational and strategic assumptions being made.
It can utilize past trading performances to form a coherent view of the future and confirm that there are no potential pitfalls involved in any transaction.
The key components of financial due diligence in any acquisition of a dental practice are investigating, verifying and understanding:
- The financial affairs of the target practice, including valuations
- The market the practice operates in
- The commercial sustainability of the business
- The operational structure, including internal processes and systems
- Any synergistic opportunities or savings arising out of acquisition
- A sensible deal structure
Due diligence can also provide the framework for constructing a realistic strategic plan for the newly acquired business by highlighting and commenting on any inherent weaknesses or strengths, as well as identifying potential opportunities for new growth or exploitation of new markets.
More on Financial Due Diligence
To learn more, check out our article on financial due diligence here. You can also listen to our podcast episode on the legal issues to consider when buying a dental practice here.