ADAPT Blog

Once again, Chris Mayer of The Heimat Group is answering your questions on practice valuations. Check out his previous No Stupid Questions answers: 

Why (and when) should I get a practice valuation?
What are the three approaches to dental practice valuation?
How does someone determine what my practice is worth?

This time, we asked Chris which documents a professional valuator needs to conduct a valuation.  

Chris responds:

To help your practice valuator determine an accurate estimate, you will need to show detailed practice information.

Typically, a valuation professional will want to see:

This week, we again reached out to Chris Mayer of The Heimat Group to tap into his extensive experience with dental practice valuations. Check out his previous No Stupid Questions answer: Why (and when) should I get a practice valuation?

Question: My valuation professional mentioned three “approaches” to determining a value. What are they?

There’s no single way to arrive at a practice valuation. A valuation professional should look at all the data and determine which option best suits that particular practice. This becomes especially important when comparing two valuations, as each methodology may return a different value. Make sure you understand which methodology your valuation professional is using. 

Welcome to No Stupid Questions, our new Real Talk series in which we bring in practice transitions experts to answer your most pressing questions. Have a question for our experts? Ask it in the comments below!

For today’s question, we reached out to Chris Mayer of The Heimat Group, ADAPT's trusted transactions partner. Chris holds the Chartered Financial Analyst designation and has experience valuing dental practices (and other businesses) prior to mergers or acquisitions. Chris graduated with a finance degree from the University of Wisconsin-Madison School of Business where he was a member of the applied equity market research program specializing in fundamental analysis, equity valuation, and market research. During his University of Wisconsin-Madison undergraduate program, Chris was selected to attend the Otto Beischeim School of Management in Vallendar, Germany. He also attended the University of Leipzig, Germany where he worked on his Masters in Finance & Economics.