Caber Hill Q2 Audiology Transaction Announcement

July 2, 2018

For Immediate Release

Caber Hill Advisors announced today that it assisted in the purchase and sale of three audiology practices in the second quarter. Details on each can be found below.

Illinois

Caber Hill assisted a buyer in acquiring a well-established audiology practice in the Chicago suburbs. The buyer had previously known the seller but determined that he required Caber Hill’s expertise in valuation, negotiation, and due diligence to consummate the deal. As with the other deals closed this quarter, terms were not disclosed. The transaction was led by Craig Castelli and closed on May 1. 

Arkansas

Caber Hill assisted a strategic buyer in the acquisition of a 10-office practice in Arkansas. As with the Illinois transaction, the buyer sourced the opportunity on its own and then retained Caber Hill to support deal structuring and due diligence. Dave Ogurek led Caber Hill's efforts, and the transaction closed on May 25.

Massachusetts

Caber Hill advised the seller in the sale of her Boston-area audiology practice. The seller was looking for the right individual to carry on her legacy, and tasked Caber Hill with identifying an individual audiologist to whom she could transition the practice rather than selling to a corporate buyer. The transaction was led by Scott Myatt and closed on June 25.

About Caber Hill Advisors

Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We servce small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.

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