TUSK Practice Sales Marks a Transformative 2024 with Expansion and Community Commitment
TUSK Practice Sales, a leader in mergers and acquisitions (MA) advisory services within the healthcare sector, is ringing in the new year with celebrations for a transformative 2024. The year has been highlighted by significant growth, prestigious industry recognitions, and a resolute commitment to clients and the community alike. Notably, 2024 has seen TUSK expand its service offerings into three new healthcare specialties, welcoming various new team members and enhancing its charitable initiatives — all of which are paving the way for continued success in the upcoming year.
One of the most notable accomplishments this year has been TUSK's strategic expansion into diverse areas of healthcare, including plastic surgery, dermatology, and medical aesthetics or med spa markets. This expansion aligns with TUSK's commitment to meet the evolving needs of its clientele while reaffirming its status as a trusted advisor in the industry.
In addition to broadening their service offerings, TUSK unveiled a new brand identity complemented by a redesigned website, showcasing the firm's expanding capabilities and a client-centric approach that has earned them accolades. For instance, TUSK made it to Axial's list of Top 50 Lower Middle Market Healthcare MA Advisors, attesting to their industry impact.
Kevin Cumbus, President of TUSK Practice Sales, emphasized, "Our ability to adapt and deliver exceptional results speaks volumes about the trust our clients place in us. We are tremendously proud of what we achieved in 2024 and grateful for the partnerships that supported us."
This year, TUSK has not only strengthened its market presence but also cemented its reputation as a thought leader in the healthcare community. They actively contributed over 21 articles, hosted 13 webinars, and appeared in various podcasts to share insights on essential topics such as practice valuations, preparation for sales, and negotiating with potential buyers. Among these efforts, the MA Workshop held at the Dykema DSO Conference in Denver was particularly successful, equipping practice owners with invaluable insights and actionable strategies.
TUSK is also proud of its team growth, having onboarded talented professionals like Tyler Gross as Analyst and Elizabeth Macready as Director, thus enhancing its capacity to support a growing clientele. Promotions within the company showcased their commitment to nurturing talent, with Sam Lupton promoted to Associate, Mariana Alvarez Gonzalez becoming Marketing Manager, and Yazen Abusad stepping up to a Director role in January 2025.
Despite the economic challenges faced in 2024, TUSK demonstrated resilience, assisting clients in achieving substantial results. By leveraging a robust network of buyers, TUSK negotiated favorable deal terms and finalized transactions involving more than 16 unique buyers across 24 states, ensuring their clients reached both personal and professional aspirations.
Beyond business performance, TUSK remained committed to fostering a strong company culture and giving back to the community in 2024. After Hurricane Helene devastated Western Carolina, TUSK mobilized quickly, raising $20,565 within a short span of 72 hours to aid recovery efforts.
Additionally, in celebration of Veterans Day, TUSK donated $5,000 to Operation Rock The Troops to support its Songwriting Healing Program aimed at helping veterans dealing with PTSD. Each team member engaged in charitable endeavors, leading to donations made to 16 different charities throughout the year. They also rallied support during the holiday season, inviting colleagues and past clients to contribute to 29 impactful causes, magnifying their charitable influence.
As TUSK Practice Sales moves into 2025, their focus remains on delivering unparalleled service while expanding their market presence and advocating for meaningful causes. Cumbus expressed optimism about the firm’s future: "2024 marked a year of transformation for us, characterized by our dedication to excellence and our clients' trust. Looking forward to 2025, we are excited to build on this momentum as we continue to make a tangible difference for practice owners and the communities we serve."
In conclusion, TUSK Practice Sales stands as not only a merger and acquisition advisory leader but as a dedicated team that strives to create transformative impacts within the healthcare industry and beyond.
Expanding Services and Client Reach
One of the most notable accomplishments this year has been TUSK's strategic expansion into diverse areas of healthcare, including plastic surgery, dermatology, and medical aesthetics or med spa markets. This expansion aligns with TUSK's commitment to meet the evolving needs of its clientele while reaffirming its status as a trusted advisor in the industry.
In addition to broadening their service offerings, TUSK unveiled a new brand identity complemented by a redesigned website, showcasing the firm's expanding capabilities and a client-centric approach that has earned them accolades. For instance, TUSK made it to Axial's list of Top 50 Lower Middle Market Healthcare MA Advisors, attesting to their industry impact.
Kevin Cumbus, President of TUSK Practice Sales, emphasized, "Our ability to adapt and deliver exceptional results speaks volumes about the trust our clients place in us. We are tremendously proud of what we achieved in 2024 and grateful for the partnerships that supported us."
Thought Leadership and Community Engagement
This year, TUSK has not only strengthened its market presence but also cemented its reputation as a thought leader in the healthcare community. They actively contributed over 21 articles, hosted 13 webinars, and appeared in various podcasts to share insights on essential topics such as practice valuations, preparation for sales, and negotiating with potential buyers. Among these efforts, the MA Workshop held at the Dykema DSO Conference in Denver was particularly successful, equipping practice owners with invaluable insights and actionable strategies.
TUSK is also proud of its team growth, having onboarded talented professionals like Tyler Gross as Analyst and Elizabeth Macready as Director, thus enhancing its capacity to support a growing clientele. Promotions within the company showcased their commitment to nurturing talent, with Sam Lupton promoted to Associate, Mariana Alvarez Gonzalez becoming Marketing Manager, and Yazen Abusad stepping up to a Director role in January 2025.
Navigating Challenges and Delivering Results
Despite the economic challenges faced in 2024, TUSK demonstrated resilience, assisting clients in achieving substantial results. By leveraging a robust network of buyers, TUSK negotiated favorable deal terms and finalized transactions involving more than 16 unique buyers across 24 states, ensuring their clients reached both personal and professional aspirations.
Commitment to Culture and Philanthropy
Beyond business performance, TUSK remained committed to fostering a strong company culture and giving back to the community in 2024. After Hurricane Helene devastated Western Carolina, TUSK mobilized quickly, raising $20,565 within a short span of 72 hours to aid recovery efforts.
Additionally, in celebration of Veterans Day, TUSK donated $5,000 to Operation Rock The Troops to support its Songwriting Healing Program aimed at helping veterans dealing with PTSD. Each team member engaged in charitable endeavors, leading to donations made to 16 different charities throughout the year. They also rallied support during the holiday season, inviting colleagues and past clients to contribute to 29 impactful causes, magnifying their charitable influence.
Looking Ahead to 2025
As TUSK Practice Sales moves into 2025, their focus remains on delivering unparalleled service while expanding their market presence and advocating for meaningful causes. Cumbus expressed optimism about the firm’s future: "2024 marked a year of transformation for us, characterized by our dedication to excellence and our clients' trust. Looking forward to 2025, we are excited to build on this momentum as we continue to make a tangible difference for practice owners and the communities we serve."
In conclusion, TUSK Practice Sales stands as not only a merger and acquisition advisory leader but as a dedicated team that strives to create transformative impacts within the healthcare industry and beyond.
Topics Business Technology）
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