The CBI+Team initiated and was the Mergers and Acquisitions Advisor to Dr. Bill Pickard and Arkansas Orthodontics, the leading orthodontic practice in Arkansas. Dr. Bill Pickard practiced for over 35 years and founded Arkansas Orthodontics in 2003, which he soon expanded to five high-tech locations in Northwest Arkansas and The River Valley. In 2012 Dr. Pickard reached the point where he became ready to “pass the torch” and retire. On March 13, 2013 ownership of Arkansas Orthodontics was officially transferred to Dr. Ben Burris.
Dr. Pickard retained The CBI+Team in September 2012 to sell Arkansas Orthodontics. CBI+Team Founder Carl Grimes recommended that Dr. Pickard use the exclusive Confidential Auction Program (CAP) to confidentially market the practice. Utilizing direct mail, email, telemarketing, the internet and specific target marketing to Private Equity Groups (PEG’s) and large regional orthodontic practices, The CBI+Team identified a large number of interested buyers, obtained Non-Disclosure Agreements and financial information prior to disclosing the name and locations of
Arkansas Orthodontics. Dr. Pickard received several offers from firms across the USA. Dr. Ben Burris of Jonesboro, Arkansas was the successful candidate.
Dr. Burris and his wife Bridget acquired the assets of Arkansas Orthodontics on Tuesday, March 13, 2013.
The CBI+Team is poised to help owners sell their businesses, from large companies such as Arkansas Orthodontics to Mom and Pop “Main Street” businesses. To schedule a free, confidential consultation contact CBI at email@example.com or 877-582-5200.