Mergers and Acquisitions

Submit our Mergers and Acquisitions Interest Form.

Both RHA and your organization will execute a non-disclosure agreement (NDA). This agreement protects the confidentiality of discussions between both parties. At RHA, we take confidentiality very seriously and are committed to protecting all information disclosed during our conversations.

After the NDA is executed, we will set up a video or face-to-face meeting which will incorporate members of our Development and Operations Leadership teams. During this call, we will have a collaborative discussion to get to know each other. We will gain an understanding of your culture, quality of services, service mix, number of individuals served, payor mix, and organizational structure. You can ask us any initial questions about RHA, and we also will explain how the acquisition process works. If there is a mutual level of interest to continue the process, we will walk you through a straightforward preliminary information request list.

Once we have the preliminary information from you, we will begin our internal financial review. The purpose of this exercise is for us to build a financial model to understand the hypothetical financial performance of your organization post-close. During this process, we may reach out to you for clarification.  Once this process is completed, we will determine a value for your business.

We will extend to you a non-binding Letter of Intent (LOI) agreement which states the purchase price for your business, as well as any other material considerations. The agreement will state that the projected closing time and the agreement is contingent on RHA verifying the preliminary information through conducting formal due diligence.

In the due diligence stage, we will work in collaboration to establish a project management timeline. Additionally, we will establish an online deal room to serve as a repository for data requests and may have in-person meetings to further get to know each other and the business. The objective of the due diligence process is for us to establish a detailed understanding of your organization.

During the due diligence process, we will provide a draft of the purchase agreement to your legal advisor or attorney. This is the final legally binding agreement which incorporates the terms and conditions of the transaction.

Once the definitive agreement is fully negotiated, we will align the closing time with the licensing notification requirements of your state, as well as the timing of employee on-boarding and other integration-related activities to ensure the transition of ownership to RHA is seamless. On the closing date, we will settle the funds agreed upon in the purchase agreement.

We will continue integration activities over the first 30 to 60 days after the transaction closes. Oftentimes, the business owners stay on board in a limited short-term consulting capacity to help us ensure your business continues to operate successfully.

Complete our Mergers & Acquisitions Interest Form:

M&A FORM

We look to acquire organizations of all sizes, ranging from a couple hundred thousand dollars in revenue to multi-million-dollar organizations. We can quickly tell you if your organization is a good fit, and we encourage you to reach out.

The timeframe is typically 2-3 months and is highly dependent on the efficiency of the potential seller providing us with the information we request. There are also outside variables we cannot control – specifically, the license transfer process.  We have a best-in-class Acquisitions team that manages the entire acquisition process professionally, efficiently, and effectively.

RHA invests significant resources into attracting top talent and highly qualified employees across the entire organization. We view potential acquisitions as opportunities to gain top-tier human capital to improve our overall delivery of high-quality services to the individuals we serve.

During the due diligence process, we will work with you to gain an understanding of the potential talent pool associated with your organization. We understand that selling your business can be stress-inducing, and we have been through the process numerous times. We have found the most effective way to help a seller manage this process is to be transparent regarding the positions which potentially may be contained post-close.

Once the definitive agreement is executed, we have a robust on-boarding process led by our Human Resources department. During this process, we set up live meetings with employees to give them an overview of RHA, explain our employee benefits and payroll process, as well as answer any transitional questions employees may have. Our goal is to welcome the employees into the RHA family and help promote growth and development.

Unfortunately, there is no specific formula to determine what your business is worth. We incorporate multiple levers into assessing a company’s value. These levers include quality, culture, financial performance, opportunity for growth, geography, payor mix, and access to human capital. Overall, we are willing and able to pay prices representative of the fair market value of recent sales prices within our space.

We frequently encounter situations where the owner of a business also owns several operations-related properties affiliated with the business.  We can structure an approach either where we purchase the real estate or in which the seller keeps real estate and leases it to us.