Start-up online marketplace Healthcare MarketMaker announced Wednesday it has signed a letter of intent with business brokerage firm Alliant Capital Advisors to bring together the buyers and sellers of medical and dental practices as well as the equipment those ventures need.
The two-year strategic partnership, terms of which are not being disclosed, gives Alliant’s business brokers unlimited use of Nashville based-Healthcare MarketMaker, which is in beta. Alliant will post its health car-related brokerage listings on Healthcare MarketMaker and share in the fees from transactions originated and closed through the web-based marketplace.
“By providing real-time, transparent access to possible transaction partners identified based on location, practice, budget, initial valuation and other desired criteria, Healthcare MarketMaker is introducing a new, accelerated process for practice and equipment sales grounded in a proven model,” Tony Corley, pictured, founder and president of Healthcare Marketmaker, said in a release.
Corley, a former Ernst & Young manager and vice president at DSI Renal, said the two companies are collaborating to connect the growing number of buyers and sellers in an industry facing numerous pressures to consolidate at all levels.