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    David Garcia

    Partner

    Austin
    737-220-8737
    david.garcia@phelps.com
    Areas Of Focus
    BusinessMergers and AcquisitionsHealth Care Transactions

    David Garcia is a trusted business lawyer with substantial experience advising clients in strategic transactions. He helps business owners, practice managers, private equity-backed consolidators and investors close deals across many industries, but with a specific focus on transactions involving health care providers and service companies.

    David guides clients through all the legal aspects of a deal, including structuring mergers and acquisitions (M&A) from the LOI stage through closing and beyond, joint ventures, entity formation and restructuring, employment agreements, and general contract negotiation. Clients rely on his experience to navigate transactions on a nationwide basis involving:

      • Veterinary clinics
      • Clinical research trial companies
      • Dental and orthodontic providers
      • Behavioral health centers
      • Independently owned physician practices and health care service companies

    David credits the decade he spent before law school managing supply chain logistics for a global high-tech manufacturing company for the practical perspective he brings to transactional matters. Blending his business and legal experience, David prioritizes responsiveness while still taking time to know and understand each client he represents to help them achieve their business and legal goals efficiently.

    David is a long-term pillar of the Austin business community, and he leads Phelps' Austin office as its managing partner and serves on the firm's Operations Committee.

    David credits the decade he spent before law school managing supply chain logistics for a global high-tech manufacturing company for the practical perspective he brings to transactional matters. Blending his business and legal experience, David prioritizes responsiveness while still taking time to know and understand each client he represents to help them achieve their business and legal goals efficiently.

    David is a long-term pillar of the Austin business community, and he leads Phelps' Austin office as its managing partner and serves on the firm's Operations Committee.

    Experience

    • Advised a growing private equity-backed veterinary services organization in the expansion of its operational footprint through a series of practice acquisitions across multiple states.
    • Served as regulatory counsel on the merger of two large veterinary management companies.
    • Structured a joint venture with a strategic buyer for the owners of a cardiology practice.
    • Closed stock sale transaction to a private equity-backed company for the owners of an ABA therapy provider.
    • Helped multiple clients form and structure friendly physician business models involving Management Services Organizations (MSO) in multiple health care service industries and Dental Service Organizations (DSO) and use those vehicles for platform and add-on acquisitions.
    • Closed sale of all of clinical research site owners’ equity interests to a large national platform.
    • Completed sale of substantially all assets of owners of multiple veterinary practices to corporate consolidators.
    • Advised physician owners of a radiology practice on changes in the ownership structure, including buying out retiring partners and admitting new partners.
    • Guided multiple clients through negotiation of purchase and sale transactions involving rollover equity, deferred payments and complex earnout provisions.
    • Negotiated strategic acquisition for a dentist to purchase a dental practice from a retiring dentist.
    • Structured formation of a new business venture for a physician and clinical research site owner. 
    • Advised physician owners of a radiology practice on changes in the ownership structure, including buying out retiring partners and admitting new partners.
    • Guided multiple clients through negotiation of purchase and sale transactions involving rollover equity, deferred payments and complex earnout provisions.
    • Negotiated strategic acquisition for a dentist to purchase a dental practice from a retiring dentist.
    • Structured formation of a new business venture for a physician and clinical research site owner. 

    Insights

    • September 28, 2024

      Global Site Solutions Presents To Sell or Not to Sell…

    • May 20, 2024

      David Garcia and Kristina Silcocks Join Phelps in Texas to Further Clients’ M&A and Infrastructure Deals …

    Education

    • University of Texas School of Law, J.D., 2010
    • University of Texas at Austin, M.B.A., 2005
    • University of Texas at Austin, B.B.A., Honors Business & International Business, 1998
    • University of Texas School of Law, J.D., 2010
    • University of Texas at Austin, M.B.A., 2005
    • University of Texas at Austin, B.B.A., Honors Business & International Business, 1998

    Credentials

    • Texas
    • Texas

    Memberships and Affiliations

    Professional

      • Leadership Council on Legal Diversity – Fellow (2018)
      • State Bar of Texas
      • Austin Bar Association - Chair of Business Corporate and Tax Section (2013-2015)
      • Cyberways & Waterways, Board of Directors - Former Member

    Civic

      • Eanes ISD Special Ed Parent Working Group – Former Member
      • Westlake High School – Language Proficiency Assessment Committee member

    Professional

      • Leadership Council on Legal Diversity – Fellow (2018)
      • State Bar of Texas
      • Austin Bar Association - Chair of Business Corporate and Tax Section (2013-2015)
      • Cyberways & Waterways, Board of Directors - Former Member

    Civic

      • Eanes ISD Special Ed Parent Working Group – Former Member
      • Westlake High School – Language Proficiency Assessment Committee member
    • Overview
    • Experience
    • Insights
    • Education
    • Credentials
    • Memberships and Affiliations

    Related Services

    • Business
    • Mergers and Acquisitions
    • Health Care Transactions
    • Commercial Contracts
    • Corporate and Securities
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