Episode 6: Understanding Private Equity With Jason Preator

Discover the best practices of private equity and all the steps you need to take to achieve success with private equity.

In This Episode:

[3:50] Where Jason Got His Start In The Optical Industry

[5:30] What’s Going On In The Market That Has Set The Scene For Private Equity, And What Is Private Equity?

[7:30] Who Are The Best Customers For Private Equity?

[10:40] Who Should Even Think About Private Equity?

[13:30] The Process To Understand How Your Practice Can Fit One Of The Private Equity Models

[15:40] The Different Modalities Of Private Equity

[19:50] What Do You Do When You’re About As Efficient As You Can Get?

[25:00] Tax Considerations

[31:20] The First Steps To Private Equity

[36:10] How Long Does A Typical Transaction Take?

[44:00] What Happens With Primary Competitors That Turn To Associates

[54:00] What Happens After The Five Year Contract After You’ve Sold?

[58:40] What Happens With The Second Private Equity Group

[1:00:50] What Will Affect Your Competitiveness In The Market

[1:05:40] How A Young Seller Impacts Other Sellers

[1:09:30] Why Now Is An Exciting Time To Be An Optometrist

About Jason Preator:

Kavanagh Consulting LLC, a leading advisory and consultancy services firm in the vision care industry with existing offices in New York and Scottsdale, Ariz., has named Jason J. Preator as managing partner and head of its newly created Dallas office. Preator joins Kavanagh Consulting with 20 years of progressive financial and business development experience. Most recently, he held several executive leadership positions at Essilor of America, including his role as a member of its executive committee as well as overseeing its finance, sourcing and procurement, and merger and acquisitions functions. “I am really excited to join Kavanagh Consulting and work with Anne Kavanagh and team in helping business owners and doctors maximize the value and business potential of their practices and companies,” Preator said.

Kavanagh Consulting founder and CEO, Anne Kavanagh, noted, “Tom Hull, our Scottsdale office partner, and I are very excited to have Jason join us. Jason is a financial and M&A expert with extensive knowledge of and relationships in the vision care sector. His addition enables Kavanagh Consulting the ability to immediately expand our business into being the dominant advisor for lab acquisitions, optometry and ophthalmology consolidation, medical devices and medical technology/software companies.”

In addition to Preator’s Essilor and vision care industry experience, he has held several leadership positions during his 10 years within the hospitality field as well as various roles at PricewaterhouseCoopers within their advisory, audit and assurance, and transaction services groups.

Connect with Jason:

Call or email him with questions at (469) 879-7656 and preator.jason@gmail.com

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