Gary Ackerman

Gary Ackerman Email and Phone Number

CEO Emeritus, Founder at Ackerman Group Inc. @ Ackerman Group
Gary Ackerman's Location
Richmond, Virginia, United States, United States
Gary Ackerman's Contact Details

Gary Ackerman phone numbers

About Gary Ackerman

At Ackerman Group our primary focus is veterinary practice corporate sales. As a past buyer, seller and owner of multiple veterinary practices, I have significant expertise in this specific area and enjoy working closely with fellow veterinarians. We assist veterinary practice owners in finding the right buyer, at the right price and the right terms, as all of these are material. Our goal is to find you the company which is the best fit for you, your associate doctors, your staff and your clients, as price is often not the most material factor and over half of our practice sales did not go to the highest offer. The negotiated terms in the current veterinary market are especially important, since there is significant variability among companies in their types of offers (cash, joint venture, private equity roll-up, preferred stock) and in the material agreements (asset/stock purchase agreement, employment agreement, lease, non-compete agreement). In today's market, having professional representation on a transaction which is the most material transaction of a veterinarian's lifetime is especially necessary. We also put groups of veterinarians together and take multiple practices to market at the same time, as (while not required) the sale of a group of practices will generally provide better pricing and more seller friendly terms. This market is highly specialized and knowledge of the market and companies is essential for the best customized transaction.I also specialize in tax efficient business exit strategies integrated with personal planning. This includes tax efficient planning of business or asset sales, to implementing with an advisory team strategic business and/or real estate sale, tax, legal and investment plans. The techniques utilized include 1031 tax deferred exchanges, custom Installment Sales, 721 exchange contributions/mergers (Private Equity roll-ups/contributions, UpREITs), business/real estate Joint Ventures, 1035 exchanges, asset sale/leasebacks, and tax efficient investments customized to the individual and transaction needs. I have assisted in over 200 business sale and commercial real estate exchange transactions totaling over $1.5 billion, facilitating sales for multiple types of entities including individuals, sole proprietorships, partnerships, corporations, limited liability companies and trusts. I routinely partner with clients and their advisers to help structure transactions and investments that realize the client's goals and investment objectives in the most tax efficient manner.

Gary Ackerman's Current Company Details
Ackerman Group

Ackerman Group

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CEO Emeritus, Founder at Ackerman Group Inc.
Gary Ackerman Work Experience Details
  • Ackerman Group
    Ceo Emeritus & Founder At Ackerman Group
    Ackerman Group Jan 2023 - Present
    Richmond, Virginia, United States
  • Ackerman Group
    Co-Ceo & Founder
    Ackerman Group Oct 2019 - Mar 2024
    Richmond, Virginia, United States
    Veterinary business brokerage and consulting
  • Ackerman Group Inc.
    President
    Ackerman Group Inc. Sep 2002 - Mar 2024
    Richmond, Va
    Ackerman Group facilitates corporate veterinary practice transitions across the United States. Please visit our website at www.Ackerman-Group.com for a brief description of her services and an extensive educational knowledge base related to this market.
  • Whittle & Roper Realtors
    Commercial Real Estate Agent
    Whittle & Roper Realtors 2002 - Mar 2024
    Richmond, Va
    Commercial real estate purchases and sales. Primary role is to facilitate leasing or sales transactions on the veterinary practices which we list/sell. Secondarily representing 1031 buyers/sellers for medical office and veterinary net lease properties.
  • Business Transition Services Inc.
    President
    Business Transition Services Inc. Sep 2002 - Sep 2019
    Richmond Virginia
    Business Transition Services works primarily with veterinary practice owners to evaluate their business and personal readiness for a practice sale. BTS primarily assists with veterinary corporate transactions, looking to find "the right buyer, at the right price and the right terms". BTS will bring together veterinary attorneys, accountants, lenders, brokers, as well as personal financial/tax planning and legal transaction/trust estate/tax advisers to facilitate the most appropriate transaction for a business and business owner. BTS also assists owners of all types of assets ( varying businesses, private stock, real estate) in planning sale transactions which minimize the current taxation at the time of sale. Strategies might include 1031 Exchange of real estate, installment sale planning, private equity contributions or roll ups, joint ventures, phased sale transactions, or family LLCs or trusts which might be an appropriate on an individual business and personal level.
  • Capwest Securities + Others
    Registered Representative
    Capwest Securities + Others Jun 2002 - Dec 2018
    Various
    Securities Registered Representative specializing in tax efficient investments and transactions. Primarily affiliated with 1031 Exchanges into fractional interests in larger properties or contribution of properties to partnerships/REITs.
  • Morse Capital Partners
    Investment Advisor Representative
    Morse Capital Partners Sep 2010 - Dec 2017
    Richmond Virginia
    Morse Capital Partners is a Registered Investment Advisor specializing in tax efficient planning and investments for their clients.Gary was also a registered representative and offers securities through Concorde Investment Services, LLC.
  • Tri-City Animal Hospital
    Veterinarian
    Tri-City Animal Hospital 1981 - 2001
    Tri-City Animal Hospital was a multi-doctor, multi-location animal health practice founded by Dr. Ackerman. It grew to 40-50 employees and was purchased in 2001 by Healthy Pet Corporation.

Gary Ackerman Education Details

Frequently Asked Questions about Gary Ackerman

What company does Gary Ackerman work for?

Gary Ackerman works for Ackerman Group

What is Gary Ackerman's role at the current company?

Gary Ackerman's current role is CEO Emeritus, Founder at Ackerman Group Inc..

What is Gary Ackerman's direct phone number?

Gary Ackerman's direct phone number is +180488*****

What schools did Gary Ackerman attend?

Gary Ackerman attended The University Of Georgia, Virginia Tech.

What are some of Gary Ackerman's interests?

Gary Ackerman has interest in Llc (Cis), Cannot Verify The Accuracy Of.

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