Selling a group practice in mental health differs from other sectors, and in this episode, Dan King explains how selling a group practice can safeguard clinician well-being, culture, and your legacy.
Based on discussions with over 80 practice owners and his experience investing in values-driven behavioral health, Dan outlines a straightforward three-step process: get clear on your goals, find an aligned buyer, and create a post-sale role that allows you to maintain influence where it matters. Instead of a single exit, Dan discusses options like majority sales and “two bites at the apple”—structures that minimize risk now and offer potential future gains.
He explores the buyer spectrum from institutional (private equity, strategics) to independent sponsors and self-funded searchers using SBA loans, highlighting trade-offs in flexibility, process, and cultural fit.
Most importantly, Dan demonstrates how your post-sale role—whether as operator, adviser, or culture champion—can protect clinician well-being, hiring standards, and the mission you built.
Transform Your Group Practice
Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time.
About the Host
Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
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