Washburn & Associates is a national company, and the industry
leader in providing acquisition and consultation services to
sellers, buyers, and financiers in the pharmacy industry. Experience
plays a major role in understanding the market, providing real time
valuations, negotiating win/win transactions, and having the ability
to provide expert service throughout the entire acquisition process.
As President of
Washburn & Associates, Jack oversees all transactions.
Working in the pharmacy industry since 1972, he has the proven
successful experience and is known as an expert in both the legal
and corporate aspects of transferring the ownership of pharmacies.
Jack provides valuations based on real market conditions
and does not use a simple formula for calculating the value of a
pharmacy. Complex methods are used to derive the value of a
pharmacy. As a national company that specializes in pharmacy,
Washburn & Associates has extensive and current industry data.
His clients include a number of the largest financial
institutions and commercial banks in the United States, numerous
national and regional pharmacy chains, independent pharmacy owners,
compounding and specialty pharmacy, mail order pharmacies, wholesale
pharmaceutical companies along with medical, clinical and surgical
companies.
Successful
transactions have involved pharmacies in retail, closed door, mail
order, wholesale, consulting, financing, valuations, audits, and new
construction. Yearly pharmacy valuations and audits exceed $1
billion. Jack’s skills and expertise have assisted in closing a
single transaction as large as $100 million, along with establishing
a funding program that will provide
financing for small and regional pharmacy
chains
and
financing for independent pharmacy owners.
Jack also serves on the Board of the Greenwoods State Bank Pharmacy
Advisory Board, the DaneVest Pharmacy Advisory Board, Senior Vice
President of The American Wellness Alliance Group, LLC. He is a
member of the American Pharmacists Association and has served as a
Committee Chairman for the American Surgical Trade Association,
National Wholesale Drug Association and the Virginia Wholesale Drug
Association primarily focused in the areas of government
legislation. In addition, Jack’s career has incorporated service as
a Corporate Officer and Director of the Board of Directors for
numerous Pharmacy/Medical related companies including medical
research, wholesale, retail drug and medical-surgical companies.
Mr. Washburn’s educational background includes
the University of Richmond, Williams College, Stanford University
Graduate School of Business and numerous professional designations
and certifications. He has been honored for Outstanding Professional
Achievement by Marquis Who’s Who in selecting his biographical
profile for inclusion in “Who’s Who in Finance and Business,” “Who’s
Who in America,” and “Who’s Who in the World.”
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