Mergers and acquisitions expand the market share and increase the value of both the firms involved in the amalgamation. Tenet group also believes in the same and that is the reason it has made the 13th purchase under its practice of buyout. The group is a renowned name in healthcare management services and is expanding its presence in more and more markets with its practice buyout scheme. Later in the article, a brief description of the healthcare service will be known to the people who are not much aware of the tenet group. Preston- based Derbyshire Booth firm is the newest entrant in the buyout scheme.
- Derbyshire Booth and Aspire Financial Management
Derbyshire Booth is providing wealth management advice in the North West for decades. The company has built its reputation over time by offering wealth advice to countless clients. Wealth is as evident as health and those who are confused about their finances; majorly invest in risky avenues or suffer financial losses. In order to advice the public, the company has the following services: Pensions, wealth management, retirement planning, life assurance, financial planning, savings& investments, and Taxation. In short, the company covers every risk related to the client’s wealth. The Aspire financial management which is a subsidiary of Tenet Group and is an advisory company will partner with Derbyshire Booth in further endeavors. The completed acquisition will offer simpler exit process for retirement and health & wealth management of the clients will be positively heightened. This new acquisition takes the assets of tenet group to further millions. The director of Derbyshire Booth remains with the firm and other independent financial advisors in the team will provide their expertise to an expanded market.
- Tenet health advice along with wealth advice
Tenet health care services have been delivering facilities to the patients, physicians, advisors, employees, clients, partners and investors. The success of the health services company can be determined by the below facilities it provides:
- a) Across 65 operational hospitals
- b) 23 surgical hospitals to take care of the patients
- c) 475 outpatient centers in about 9 states
- d) Millions of patient care encounter to date
- e) Thousands of employees including expert physicians, skilled advisors and professional team of caretakers
- f) High ranked in Fortune 500
- g) Influential health system partners
- h) Huge revenue and dedicated clients
The financial advisers of Derbyshire Booth add the working of the company a dimension and have expanded its working on every wealth management risks of the customers. Choosing their services is also uncomplicated; moreover online services are also available for the clients. The process involves just contacting the company on concerns of health or wealth and the client shall receive a visit from one of the experts and listen to the needs. A tailored proposal in order to meet the requirements of the customer and accessing the cash flow risks is taken care of by the company. Tenet’s group acquiring of Preston based wealth management firm Derbyshire Booth adds advanced wealth solutions along with the healthcare solutions.