TUSK Practice Sales Drives Expansion and Charitable Growth

TUSK Practice Sales Celebrates Major Growth and Charitable Impact

TUSK Practice Sales has entered a transformative period in 2024, marked by significant growth, industry recognition, and a strong commitment to community engagement. This year, TUSK expanded into three new sectors, welcomed esteemed professionals to its team, and took critical steps to strengthen its charitable initiatives, paving the way for continued achievements in the coming years.

New Horizons: Diversifying Services

In an exciting move, TUSK broadened its reach by providing expert advisory services to healthcare specialties such as plastic surgery, dermatology, and medical aesthetics. This strategic addition complemented the firm’s updated brand identity and a new website, which reflect TUSK's client-centric approach and enhanced service offerings.

Furthermore, TUSK's excellence was acknowledged when it secured a position among Axial's Top 50 Lower Middle Market Healthcare M&A Advisors. This accolade reinforces TUSK's reputation as a dependable leader in the evolving healthcare market.

Kevin Cumbus, President of TUSK Practice Sales, remarked, "Our team's adaptability and dedication to delivering outstanding results underscores the deep trust our clients place in us. We celebrate the achievements of 2024 while expressing gratitude for the partnerships that fueled our success."

Growing the Team for Enhanced Client Services

Throughout 2024, TUSK enriched its team with the addition of several talented professionals. Key hires included Tyler Gross as Analyst and Elizabeth Macready as Director, which bolstered the firm’s capability to meet the needs of an expanding client base. Additionally, the firm promoted several current employees, reinforcing its commitment to fostering internal talent:

• Sam Lupton was promoted to Associate.
• Mariana Alvarez Gonzalez advanced to Marketing Manager.
• Yazen Abusad is set to become Director in January 2025.

Ryan Mingus, Managing Director of TUSK Practice Sales, noted, "Investing in our team is paramount. Their growth signifies our promise to provide unmatched service to our clients and nurture a culture of excellence and accomplishment."

Navigating Challenges to Deliver Results

Despite facing economic uncertainties, TUSK managed to secure significant results for clients this year. Utilizing its extensive network of buyers, TUSK negotiated favorable deal terms while completing transactions with over 16 unique buyers across 24 states, enabling clients to fulfill their personal and professional objectives.

Cultivating a Positive Culture and Making a Difference

Beyond achieving client success, TUSK emphasized its commitment to community and company culture throughout 2024:

• Following Hurricane Helene's devastation in Western Carolina, TUSK raised $20,565 in just 72 hours to support recovery efforts.
• In honor of Veterans Day, TUSK contributed $5,000 to Operation Rock The Troops and its Songwriting Healing Program designed for veterans dealing with PTSD.
• Every team member actively engaged in charitable giving, leading to donations to 16 different charities this year.
• During the holiday season, TUSK encouraged colleagues and past clients to unite and support 29 meaningful causes, magnifying their collective impact.

Kevin Cumbus added, "We are more than a firm; we are a devoted team aiming to create a positive impact. Our efforts to uplift clients, communities, and each other come from a place of purpose and compassion."

Looking Forward: A Vision for 2025 and Beyond

As TUSK Practice Sales steps into 2025, the firm remains steadfast in its dedication to delivering exceptional results, expanding into new markets, and championing clients as well as meaningful causes. Kevin Cumbus commented, "The year 2024 represented a pivotal period of transformation and impact for TUSK. We are deeply motivated to carry this momentum into 2025, ensuring we continue to produce exceptional results and make a substantial difference for practice owners and their communities. The future is indeed bright, and we approach it with excitement and determination."

About TUSK Practice Sales

TUSK Practice Sales provides M&A Advisory services for the healthcare sector. The firm has completed transactions worth over $1B across numerous specialties. With extensive market knowledge and access to hundreds of buyers nationwide, TUSK assists clients in pursuing M&A transactions that maximize their long-term value. With more than 40 years of collective experience in practice transactions, TUSK offers tailored solutions that support clients in achieving their strategic and financial goals.

Frequently Asked Questions

What notable accomplishments did TUSK Practice Sales achieve in 2024?

TUSK expanded its services, achieved industry recognition, and strengthened charitable initiatives throughout 2024.

How has TUSK expanded its service offerings?

TUSK extended its expertise to new healthcare specialties including plastic surgery, dermatology, and medical aesthetics.

What distinguishes TUSK in the M&A advisory landscape?

TUSK is recognized for its strategic adaptability, commitment to clients, and successful transaction record, completing deals with numerous buyers across the country.

How does TUSK impact the community?

TUSK has engaged in charitable giving, raising funds for disaster recovery and supporting veterans through dedicated programs.

What are TUSK's goals for 2025?

TUSK aims to continue delivering outstanding results while expanding its market presence and nurturing meaningful client relationships.

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