Situation
In response to a changing business climate, 21 veterinary practices in 10 states decided to join forces. A strategic tax-free merger of the practices, with gross revenue of $55 million, would allow the veterinarians to offer state-of-the-art medical and surgical care and enjoy cost efficiencies.
Result
Husch Blackwell prepared all merger and related documents, allowing the practices to merge simultaneously. Our team also coordinated local counsel in the states where the mergers occurred.