Client Testimonial:

01.03.10
Pharmacy Management 101 - Increasing reliance on Prescriptions

23.02.10
Pharmacy Management 101 – Gross margins in decline

Medici Capital Valuation Team

Medici Capital's management team bring decades of diverse experience and a history of success. With a range of technical, management, analytical and commercial expericence, Medici Capital's management group enable us to provide a wide range of innovative, proven and trusted financial solutions for clients within or associated with health practices throughout Australia.

FRANK SIRIANNI

Frank holds Bachelor of Economics (Honours) and Master of Economics degrees. He has over 30 years experience in pharmacy and consults to current and prospective pharmacy owners, lending institutions, industry bodies, Government, manufacturers and wholesalers. He was instrumental in the creation of the goodwill loan, the pharmacy business valuation and bank lending policies to support it. Frank's strengths are his innovative and solutions driven approach, supported by high level analytical and research skills.

Frank Sirianni consults to owners and prospective owners of community pharmacies, lending institutions, industry bodies, manufacturers, wholesalers.

Frank Sirianni has a unique and analytical approach to consulting assignments and has completed analysis and research for The Pharmacy Guild of Australia, Commonwealth and State Departments of Health, Other Government Departments, Australian and International Banks and Pharmacy Wholesalers.

• Currently a business valuer for all banks conducting valuations throughout Australia.
• Acted as an expert witness in Courts of Law for clients throughout Australia
• Delivered Pharmacy Valuation Workshops for accountants, business brokers, solicitors, bankers and the profession throughout Australia
• Created the Goodwill lending product, (and the Valuation methodology to support it) that most Banks have now adopted.
• Provides risk profiles for individual Banks on their exposure in the pharmacy marketplace
• Extensive experience in business consulting.
• Previously an academic in Accounting, Economics, and Finance - Melbourne, Monash and Latrobe Universities.
• Detailed understanding of computers and computer applications. Frank was the General Manager of a computer (hardware and software) sales and support company providing equipment, software, installation and training, as well as, full maintenance and support.
• Previously the Director of the Pharmacy Guild, Victorian Branch. In this role, and previous positions with the Guild, he was instrumental in the development and delivery of business information and the amalgamation advisory service. Frank was regularly involved in teaching and public speaking; providing business management and financial/economic outlooks at the Pharmacy College and courses/seminars throughout Australia.
• Designed and operated (for eight years) the Australian Pharmacy Management Championship: an annual computer simulation competition. The Championship uses economic models of pharmacy economic behaviour to teach pharmacists, their staff and the industry, management principles.
• Research and publication of authoritative papers and reports on Valuation, Rents, Business Benchmarks, and Practice Development
• Writer for Pharmacy News and AJP
• Managing Director of Medici Capital. Medici Capital is a financial services and management consulting practice that provides integrated financial solutions, finance and capital raising services for the health sector. The group also provides management consulting which includes benchmarking, research and business development services for pharmacy. Combined, they provide an integrated range of services that focus on financial management and development.
• Other skills include Business and Project Valuation; Public Speaking; Business Development and Funding; and Business/Project Management.
• Frank is a Senior Associate Financial Services Institute of Australasia and Fellow Australian College of Pharmacy Practice and Management

PETER SEXTON

Peter is a chartered accountant who came to Medici Capital in 2007. Peter's experience comes from working with 'big four' accounting firms as well as various investment banks in the UK covering a broad range of businesses and business services including consulting advice, taxation, report preparation, corporate finance, buying and selling of businesses, audit and initial public offerings.

Peter's experience provides a wealth of knowledge to our valuation team; knowledge that is available to you every time you choose a Medici Capital Valuation.

ANTONY BOONEN

Antony commenced with Medici Capital in 2004 with a background in marketing and accounting. His training covers a broad range of areas including valuation, finance, marketing and customer relationship management.

Antony maintains a role of customer liason within the valuation team, ensuring that you have someone to contact regarding your valuation throughout the process. As a dedicated work-flow manager, Antony can ensure that the processing of your valuation is managed throughout the process and will provide you with regular updates and clarification throughout the process.