The Law Office of Andrew J. Goldberg (“Goldberg”) is pleased to announce the sale of all the assets and related real estate of Madison Veterinary Hospital, P.C., (“MVH”) to George Ruth PLLC (“George Ruth”). Goldberg acted as the exclusive legal advisor to MVH with the transaction.
MVH, based in Madison Heights, Michigan, is a leading veterinary care clinic and surgical hospital. The veterinary practice was founded in 1976 and has been operating at the same location for more than 40 years. Along with traditional veterinary care, it provides a full spectrum of animal care, including Pet Wellness Treatment and Vaccinations, Ophthalmology, Dermatology, Oncology, Internal Medicine, Laser and Orthopedic Surgery, Stem Cell Therapy, and Dental Care.
The veterinarian-employees of MVH have more than 20 years of veterinary experience and have been practicing with MVH for more than 10 years. They are all graduates of the Michigan State University’s School of Veterinary Medicine.
Engaged by MVH to advise on the sale of the practice, Goldberg worked with MVH’s CPA, and buyer’s counsel, on the entire sale process. This process began at the point of initial interest from the buyer, to negotiating a Letter Of Intent, the drafting of a definitive Asset Purchase Agreement, Real Estate Purchase Agreement, Land Contract, and finally the closing. Goldberg focused on the strategic objectives of the client. In this case, the issues included ensuring adequate net proceeds after closing for Seller to satisfy retirement income needs, avoidance of post-closing claims based on prior operations of the business and condition of the real estate, and tax structure of the deal to avoid unintended tax consequences.
Having practiced in the Detroit area for more than 30 years, Goldberg has extensive experience in advising companies in acquisitions, sales, divestitures, financing, and on-going business operations of its client. With extensive tax and business background, and as a CPA, Goldberg is able to provide a unique combination of legal and business counsel. He has become a trusted advisor with his entrepreneurial clients and referral partners and has amassed a lengthy record of success, advising clients in their business strategies, and mergers and acquisitions.
Contact Andrew J. Goldberg at 248-455-6500 or [email protected].