McKINNEY — VR Business Brokers of McKinney, a leader in the sale of privately held companies, recently facilitated a capital investment by ECONN International for equity ownership of Total Med Solutions. Total Med Solutions, with two locations in the greater Dallas metro area, are specialists in medically supervised weight loss, male hormone replacement therapies to correct health concerns such as low testosterone, female hormone replacement therapy to correct hormonal imbalances and aesthetic therapies.
The company has grown rapidly since opening the first clinic in Dallas in 2011. This was followed by a second location in Plano – and the company has seen revenues grow significantly in both locations in each subsequent year.
The founder of the company will remain as a senior manager and equity owner of the company and the new partners capital investment will facilitate expansion of locations throughout the Dallas-Fort Worth Metroplex.
VR Business Brokers of McKinney handled all aspects of the transaction, from initial business valuation to marketing the opportunity and providing support through the closing process. Terms of the transaction were not disclosed.
About VR Business Brokers
VR Business Brokers of McKinney is part of the worldwide franchisor organization that has been servicing small to medium size privately held companies since 1979. VR Business Brokers of McKinney handles transactions from $200,000 to $20,000,000, and assists business owners with exit strategy planning, business valuations, packaging and marketing of the opportunity, and full negotiation services through to closing. For more information about VR Business Brokers, call 214-733-8282, or visit vrmckinney.com and signbusinessforsale.com.