Entries by Paolo Lencioni

INDUSTRY UPDATE MARCH 2021

Have low interest rates lead to higher valuations for vet practices? Real estate prices have gone up in all major cities, has this been reflected in vet practice valuations? Our valuations are based on profitability before interest, so no, interest does not influence our valuations. Practices have become busier and more profitable – this has […]

Director’s Comments: Industry Update, November 2020

The current paradox in the veterinary economy – high workload with vet shortages It certainly seems that for the veterinary industry, the current COVID-19 crisis has had an economic outcome that would have been hard to predict. While so many other industries have lost customers and had to reduce staff hours, the pet industry has flourished […]