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Topic
Hearing Care Practice Valuation: Industry Expert Update
Description
How much is your practice worth? How will that change in the future? And what can you do to affect it?
Whether you’re just starting your practice, in growth mode, or thinking about your exit strategy, this webinar is for you. You got into this field because you wanted to help people live more fulfilling lives through better hearing. But it is essential to turn a profit and you want your business to be worth as much as possible when the time comes to sell. The good news is, doing things the right way today will improve outcomes on all of those fronts: you’ll help more people, be more profitable, and your business will ultimately be worth more to buyers.
During this webinar, you will learn:
• The fundamentals of how an audiology and hearing care practice is valued
• How valuations in our industry have changed over time
• How recent macroeconomic events are affecting hearing care practice valuations today
• How practice valuations and deal activity are likely to change in the coming months and years – and what that means for you based on your time horizon
• The different types of deal structures – and what to watch out for
• The things you can start doing now to prepare your business for an eventual sale – whether that’s in 6 months or 20 years
• Ways to increase the value of your business, so you can be more profitable today and sell your business for more in the future
Time
Mar 29, 2023 09:00 AM in
Pacific Time (US and Canada)
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Speakers
Scott Myatt
Managing Director
@
Caber Hill Advisors
Scott Myatt is a Managing Director with Caber Hill Advisors with a primary responsibility to lead M&A activities in the audiology and hearing aid industry. He has been recognized as one of the most transformative executives in the audiology and hearing aid industry over the past decade, leading vertical integration strategies at three different companies and in the process completing over 60 transactions. Scott spent the previous 11 years working in corporate M&A for numerous hearing aid manufacturers, beginning with Sonic Innovations in 2006. In 2010, he joined Audiology Holding Company, LLC, a subsidiary of William Demant Holdings, just prior to the latter’s acquisition of Sonic Innovations. Then, in 2013 he left AHC to join Audiology Management Group (AMG), a subsidiary of Widex, Inc., to build and lead a new acquisition team as Widex began acquiring practices for the first time.
Will Diles, HIS
Practice Consultant
@
Pivot Hearing
Will Diles is a licensed Hearing Aid Dispenser and is proud to be carrying on his family legacy of providing excellent hearing healthcare. Will graduated from California State University, Chico, in 2007, with a B.A. in Business Administration, and he has been working in the family business since 2010. Will has experience in every aspect of running a successful and growing multi-location hearing practice, and he enjoys mentoring colleagues who are doing the same.
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Hi there, You are invited to a Zoom webinar. When: Mar 29, 2023 09:00 AM Pacific Time (US and Canada) Topic: Hearing Care Practice Valuation: Industry Expert Update Register in advance for this webinar: https://us02web.zoom.us/webinar/register/WN_PMnc_c-vTYCe3PDOZq-Ibw After registering, you will receive a confirmation email containing information about joining the webinar. ---------- Webinar Speakers Scott Myatt (Managing Director @Caber Hill Advisors) Scott Myatt is a Managing Director with Caber Hill Advisors with a primary responsibility to lead M&A activities in the audiology and hearing aid industry. He has been recognized as one of the most transformative executives in the audiology and hearing aid industry over the past decade, leading vertical integration strategies at three different companies and in the process completing over 60 transactions. Scott spent the previous 11 years working in corporate M&A for numerous hearing aid manufacturers, beginning with Sonic Innovations in 2006. In 2010, he joined Audiology Holding Company, LLC, a subsidiary of William Demant Holdings, just prior to the latter’s acquisition of Sonic Innovations. Then, in 2013 he left AHC to join Audiology Management Group (AMG), a subsidiary of Widex, Inc., to build and lead a new acquisition team as Widex began acquiring practices for the first time. Will Diles, HIS (Practice Consultant @Pivot Hearing) Will Diles is a licensed Hearing Aid Dispenser and is proud to be carrying on his family legacy of providing excellent hearing healthcare. Will graduated from California State University, Chico, in 2007, with a B.A. in Business Administration, and he has been working in the family business since 2010. Will has experience in every aspect of running a successful and growing multi-location hearing practice, and he enjoys mentoring colleagues who are doing the same.
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