Verilo and Physio First Announce Strategic Partnership

20 Sep 2022

Verilo and Physio First announce strategic partnership to help develop a healthy private practice marketplace and support owners with their exit strategy.

Verilo, a business broker specialising in the health sector, today announced a strategic partnership with Physio First, the trade association for chartered physiotherapists in private practice.

The partnership will provide Physio First’s members with industry specific advice and support on selling physiotherapy practices and help grow the private practice marketplace.

As part of the strategic partnership Verilo will offer all Physio First members individual consultations to help plan and execute a business exit strategy. The team at Verilo will also be supporting Physio First’s executive with the creation of a buy-sell register for smaller private practices looking to achieve an associate buy-out.

Both Verilo and Physio First recognise that, until now, there has been limited industry specific support for practice owners looking to exit their business and to realise fair value. While general business sale advice and sale platforms are available, they rarely lead to a successful outcome. Verilo is quickly establishing itself as the market leader for physio practice owners because of its vast industry experience, expert marketplace knowledge and established buyer network.

Verilo’s founder, Joshua, is a former registered healthcare professional, founder of one of the UK’s largest private physio groups, and has extensive experience in buying, building, and selling private practices.

He said about the partnership:

“We have already helped several Physio First members to achieve a successful sale and are delighted to be partnering with Physio First in a more formal capacity. We look forward to sharing our knowledge with more members and seeing even more hard-built private practices successfully changing hands.”

Karen Lay, Chair of Physio First, said of the partnership:

“As Physio First we have been trying for some time to establish a relationship with a cogent practice broker as we are acutely aware of just how difficult it can be to prepare a practice for sale and go through the sales process. Additionally, where a straight forward sale is just not achievable, our aim is to help our members gain some value for years of valuable service, and to leave their practice and patients in the hands of a worthy successor. So we are delighted to partner Verilo and, with Joshua, we will now set about developing our buy-sell register for smaller private practices looking to achieve an associate buy-out”.

Physio First members can book a confidential, one-to-one consultation directly with Verilo here or find out more about what Verilo offer here www.verilo.co.uk.

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