Mergers and Acquisitions | Financial

[3615] Mergers and Acquisitions
Have you ever thought about selling your agency?

Presentation Info:

• TAHC&H Winter Conference 2022 | Dallas | Recorded for On-Demand Access
• Presentation Date | February 23, 2022

Education-Training Credits:

• TX HCSSA Administrator/Alternate Continuing Education
• 1.0 Clock Hr(s)

HCSSA Topic(s) Addressed:

• §558.259[d][4]agency responsibilities
• §558.260[a][3]basic principles of management in a licensed health-related setting
• §558.260[a][7]financial management

Program Description: Have you ever thought about selling your agency? If that was a YES--then you don't want to miss Brian Brunderman and Joe Lynch as they discuss the market recap and fundamentals of selling your agency. Learn about the challenges you may face during the selling process and listen to the "do's and don'ts" of selling as well as review examples that bring reality to this transaction. This program provides vital information at a time that is crucial in our industry!

TAHC&H Faculty/Presenter(s): Brian Bruenderman, Stoneridge Partners & Joe Lynch, Stoneridge Partners

About the Presenter(s):
Brian Bruenderman brings almost 20 years of M&A experience to Stoneridge Partners - nearly a decade has been devoted exclusively to companies serving the health and human services arena. Brian Bruenderman joined Stoneridge Partners after a successful stint as Director of Business Development for Almost Family, a leading provider of home health nursing, rehabilitation and personal care services with over 250 locations in 15 states. During his tenure, despite much uncertainty in the home health industry at the time, Almost Family acquired $160 million in annual revenues, including the largest transaction in the company’s history. Prior to Almost Family, Bruenderman was the Senior Director of Development for ResCare, Inc., a national human services company with more than $1.6 billion in revenue and operations in 42 states. Bruenderman's strategic approach to developing new markets through selective acquisitions led to $350 million in growth for ResCare and launched the company into the Fortune 1000. Today, he has been involved in the purchase of over 125 health and human service companies. Bruenderman received his Bachelor of Arts degree and Juris Doctor from the University of Louisville. While in college, he purchased several small businesses and credits his later success to that experience. His business background and legal education give him the skills and perspective to successfully negotiate transactions all the way through closing. Specifically, his almost two decades of involvement with strategic buyers gives him a unique insight into how they approach valuation, diligence and negotiation. This combination of education and experience makes him a valuable addition to any transaction. Bruenderman runs the Louisville office.

About the Presenter(s):
Joe Lynch has more than 30 years of healthcare expertise. At Stoneridge Partners, he brings experience in the areas of mergers and acquisitions, finance, regulatory compliance, human resources and business development. After receiving his Business Administration degree from the University of Mississippi, Joe began his career working closely with corporate management to successfully grow OrNda Healthcorp’s (now Tenet’s) home health care presence. In 1997, he founded Reachout Home Care, a Medicare and private duty agency, where he served as co-owner and CEO. Over the next 17 years, Joe steadily grew Reachout through both acquisition and organic growth into three operating companies in Dallas and Houston, employing more than 170 health care workers. In 2014, he sold his company to Humana. Throughout his career, he has been a leader in revenue growth and expansion via start-ups, acquisitions and organic growth through marketing and sales in both public and private companies. He has worked in the health care industry for decades and brings his vast experience along with a high degree of professionalism to each transaction.

[3615] Mergers and Acquisitions