Despite COVID, many Invisible Dental Support Organizations (IDSO) are continuing to quietly acquire interests in great practices of all specialties across the country. At the moment, in most cases, our clients are achieving 2019 values of 2X to 3X collections for...
Insights
Creative Structures Capture Value for “Embedded Growth” Potential in Desirable Practices. Lock in Values Now to Reduce Risk.
Summary: Your rapidly growing practice can be monetized at today’s value, yet still pay you for value not yet realized in a creative structure based on your results AFTER the initial closing. In the booming economy we are experiencing, many doctors have embarked on...
Silent Partners and the Invisible DSO | Transaction Results
Practice value is enhanced by the potential that a doctor can create and articulate, not just about their practice. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) is important (Net Income, see LPS EBITDA Memo), but a doctors’...
New Taxes on Practice Monetization in 2022 and Portfolio Risk
Taxes are going up. Your Tax Rate Could Exceed 50% in 2022. LPS urges all dentists to fully understand the potential impact on the net value of your practice in 2021 vs. 2022 and beyond. Now may be a time to consider selling a PART of your practice to an...
Taxes, More Taxes and Diversification of Your Practice Portfolio
LPS Completed $160,000,000 of transactions in the last 96 days! Many people (doctors and IDSO executives) have chastised me for my “alarmist” forecasts in early, and throughout 2020, that higher taxes on rich dentists are inevitable in 2021. The recent election...
Silent Partners and the Invisible DSO | Coronavirus Practice Values
Of the over $200,000,000 in transactions LPS will close in Q2 2021, all have an earn out component. An earn out pays doctors additional consideration for future performance in the year or years, after an initial transaction. I quit college in 1978 to take my first...
Sometimes You Win for the Wrong Reason
Sometimes You Win for the Wrong Reason Since October of 2018, I have published articles in multiple Dental publications, spoken at conferences, held dozens of webinars and published multiple white papers on ONE TOPIC. The topic was that we (Large Practice Sales) were...
Large Practice Sales 2019 Recap and Happy New Year!
The year of 2019 was spectacularly successful for dentists of all specialties. LPS clients achieved extraordinary values through partnerships with strong Invisible Dental Support Organization (IDSO) partners. Doctors put tens of millions of dollars in their pockets at...
Do-It-Yourself Investment Banking is Just as Dumb as Do-It-Yourself Root Canals!
I wouldn’t do my own root canal! Why would you attempt the biggest transaction of your life without a specialist? Each of the doctors experienced failed deals. All of them received acceptable, not the best offers, but they could not close a transaction and put cash...