In this episode of Pharmacy Edge, host Matt Hodgson sits down with legal expert Peter to discuss the intricacies of legal due diligence in the context of acquiring an independent pharmacy. Peter shares his extensive background working with healthcare professionals and dives deep into the critical aspects of financial, regulatory, and lease considerations. He explains the differences between asset and share purchases, the significance of regulatory risk, and the role of lenders in pharmacy deals. Peter also offers practical advice for buyers and sellers, emphasizing the importance of collaboration, open-mindedness, and thorough planning to ensure successful transactions.

00:00 Introduction and Guest Background

00:20 Peter's Journey in Healthcare

01:56 Understanding Legal Due Diligence

02:17 Key Components of Legal Due Diligence

04:15 Regulatory Challenges in Pharmacy Acquisitions

13:25 Importance of Lease Agreements

18:49 Asset vs. Share Purchases

29:06 Success Stories and Tips for Due Diligence

33:03 Conclusion and Final Thoughts

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LinkedIn: Matt Hodgson | LinkedIn

Connect with Peter Saad:

Website: Loopstra NIxon LLP

LinkedIn: Peter Saad | LinkedIn