$612 MILLION IN TRANSACTIONS COMPLETED IN THE PAST 12 MONTHS
$12.1 MILLION DOLLARS WAS THE AVERAGE VALUE OF A TRANSACTION IN 2022
1.2x TO 4.6x MULTIPLE OF COLLECTIONS VALUES ACHIEVED IN 2022
Monetizing Larger Dental Practices with Invisible Dental Support Organization (IDSO) Silent Partners
Unique, Expert Advisors.
LPS is by far the largest transaction advisor to dentists of all specialties because we achieve the highest values for clients. Unlike all others, LPS is not paid by the buyers of our clients and we are paid nothing unless a transaction is completed. This unique allegiance only to our doctor clients enables us to create bidding contests among five or more bidders for your practice. The other guys will only show your practice to the buyers who will also pay them a fee.
IDSO Partnerships for General Dentists & All Specialists
LPS enables dentists of all specialties to monetize a part of their practice value with a silent partner for cash today at today’s low tax rates. Doctors continue as owners leading their practice under the doctor’s brand, team and strategy for years or decades. Doctors gain the resources of a larger partner to grow faster and more profitably and increase the value of their retained ownership, sometimes dramatically.
IDSOs by design act as silent partners with owner doctors. They do not micromanage nor homogenize practices to a corporate standard. All of their partner practices are different, even in the same communities and specialties. Their goal is to partner with great practices, not to change them.
LPS has achieved over 3x collections and 11+x EBITDA for multiple OMS practices. Over $250,000,000 in transactions in 2022.
Pediatric Dental Specialists
LPS completed over $70,000,000 of transactions for pediatric specialists in 2022, with many doctors under 40 years old!
There are at least 10 Endo-only IDSOs seeking partners across the U.S. LPS has worked with most of them in multiple transactions.
In the last (5) years, LPS has partnered our multiple periodontic clients with multi-specialty buyers. Today, there are also now four Perio only IDSOs seeking great partners.
General Practice Dentists
GP’s attract the highest number of qualified bidders. LPS has over $150,000,000 of GP client value in the closing process.
Doctors of all ages
are now partnering with IDSOs.
In 2022, LPS completed over $100,000,000 of transactions for doctors under the age of 40. IDSO partnership is a long term wealth building partnership – not a short term TRANSITION strategy. We structure partnerships to meet your personal and business goals. Every transaction is custom.
LPS enables dentists of all specialties to monetize a part of their practice, with a silent partner, for cash at today’s low tax rates. You still retain 10% to 49% of the overall value of the transaction in the practice or parent IDSO. In doing so, you not only continue to lead your practice but also diversify your largest investment (your practice) and create large upside gains from retaining ownership.
You may be thinking, “Can’t I do this myself?” No. Not like we can.
We create bidding contests between potential partners to increase your value and give you more options to choose from for your future partner.
We handle all aspects of a transaction from bidding contests to structure, accounting, due diligence, tax planning and legal review.
We Only Work With the Best
We’ll be the first to admit that we don’t work with just anyone. This goes for private practices as well as the IDSOs. We provide exclusive, white-glove services. See if you qualify.
Confidentiality is Top Priority
We understand that your practice is your baby. Confidentiality throughout this process is of the utmost importance to us, as we are sure it is to you. Learn more about our process.
Financial Security Now and Years from Now
At some point, you will want to monetize your life’s work; your dental practice. Whether that time is now or in the distant future, it will pay to start thinking about it today rather than tomorrow.
Published Articles and Podcasts by Chip Fichtner
February 2023: New capital flowed into dental consolidation in 2022 at a record pace
Sept 2022: The impact of inflation and higher interest rates on practice values
July 2022: Considering an IDSO partnership? Consider your age first
March 2022: Why dental practice consolidation is accelerating
July 2021: Orthodontists, pedodontists, and oral surgeons have many choices in silent partners
April 2021: Considering monetizing your practice? There’s an important deadline approaching
July 2020: The upside in invisible DSO equity
May 2020: What happens to practice values now?
February 2020: The practices that invisible DSOs value most
September 2019: Life with an invisible dental support organization partner
May 2019: ‘Invisible’ DSOs: Friend or foe
Nov/Dec 2020: Orthodontic practice consolidation trends accelerate — rewards and risks abound
Sept/Oct 2020: COVID-19 impact on practice values — short and long term
July/Aug 2020: The clock is ticking on practice values
March/April 2020: The value of part of your practice to a silent partner may surprise you
Episode 124: Monetizing Larger Dental Practices with Chip Fichtner
EVP, Client Development
As we begin our journey with Specialty Dental Brands, we would like to extend our sincere gratitude for helping us find this perfect partner. As we look back, we recognize this all began with your inspirational webinar that we happened to come across, a little over a year ago. You certainly did what you promised and did not disappoint, and for that we are very thankful.
Our Mission. Our Focus.
LPS Clients achieve the highest values and net proceeds due to our proven, proprietary bidding process. Our team of 20+ experts manage the entire confidential process from IDSO partner selection through due diligence, QoE, legal and closing.
Ask the little advisors if they have completed over $600 million of IDSO transactions in the last 12 months like LPS. Then ask if they get paid by the IDSOs. LPS does not.