Dental practice valuations have not yet been significantly impacted by inflation, higher interest rates and bank fiascos. However, for many practices, values and options may be impacted in the coming months and quarters for practice transactions which require bank...
The LPS Blog
Tax Consequences of Selling a Dental Practice: Simplified Guide to Considerations in IDSO Partnerships
Big Disclaimer: I am not a CPA or tax lawyer and not giving legal or tax advice! LPS clients are introduced to expert CPAs and tax lawyers which can help you understand the full tax implications of selling your dental practice in an IDSO partnership. In the end,...
The Doctor Matters: The Doctor’s Personality and Plan Impacts Practice Value
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’...
Another Do It Yourself Deal Saved; $2.0+ Million More for the Doctor
Doctors are naively attempting transactions directly with IDSOs and leaving money on the table, every single time. In this case study, we achieved an extra $2.0 million net for the doctor after eight bidders weighed in on the practice’s real value. I had to check on...
Two New OMS IDSOs Launched Last Week
Two more OMS IDSOs were launched last week, one national and one regional. OMS consolidation bidders now 15+, some with better strategies than others. I predict one of these new ones will soar and one will flounder. The two new OMS IDSOs launched last week are very...
Selling Your Dental Practice to Private Equity
The Truth About Private Equity in Dental Practice Consolidation For some unknown reason, dentists seem to think that Private Equity (PE) is the only buyer of dental practices. In reality, while PE is the financial sponsor of many Dental Support Organizations (DSO) and...
Learn WHY Thousands of Dentists Quietly Partnered with IDSOs in 2022
Record Number of IDSO Partnerships Created by LPS in 2022, But Why? Invisible Dental Support Organizations (IDSO) become a doctor’s silent partner by purchasing 51% to 90% of a practice for cash up front. Doctors continue to lead their practices as owners for years or...
The #1 Best Recapitalization in History is Coming This Month (by Multiple of EBITDA)
The #1 Best Recapitalization in History is Coming This Month (by Multiple of EBITDA) While #2 achieved almost a $2.0 billion dollar recap value after 30 years, the new #1 will achieve over $2.0 billion in about 36 months. And yes, LPS did partner them with over 100...
The #2 Largest Recapitalization of 2022
One of the largest IDSOs in the country announced their recapitalization last quarter. It has yet to close due to the U.S. regulatory review of their new investor; to our knowledge the first entry of a Sovereign Wealth Fund into the U.S. IDSO consolidation frenzy....
Two Newish, Growing GP Groups Will Be Big Winners
When an IDSO is backed by proven financial sponsors with multiple IDSO experience, the risks are lower, and the odds of success and large returns are much higher. The boom in dental consolidation has attracted all types of investors. Some have a pedigree in dental...
Our Latest Media Appearances
Practice Partnership Podcast Ep 9: Top 10 Attributes to Achieve the Highest IDSO Partnership Value in ’24
Today on the show, host Chip Fichtner unlocks the top 10 practice attributes to achieve the highest value in an IDSO partnership this year. These essential elements can catapult your business to the forefront of IDSO partnership considerations. Whether your practice...
Unveiling the Unseen: Inside the World of Invisible DSOs with Chip Fichtner!
Embarking on a partnership with a Dental Service Organization (DSO) can be a daunting decision for dentists, fraught with uncertainties about autonomy, practice dynamics, and professional perception. Will patients and peers view the move as “selling out”?
The DrBicuspid Podcast featuring Chip Fichtner
In this episode, DrBicuspid editor-in-chief Kevin Henry interviews Chip Fichtner, co-founder and principal of Large Practice Sales, about the current state of practice sales and the role of invisible dental support organizations (DSOs) in the industry. Fichtner explains how invisible DSOs partner with dentists to provide support and resources while allowing the dentists to retain ownership and autonomy. He highlights the growing trend of younger dentists partnering with invisible DSOs and the benefits of such partnerships, including increased profitability and access to new technologies. Fichtner also emphasizes the importance of understanding invisible DSOs and their impact on the dental industry.
DEO Growth Secrets Ep. 187: Large Practice Sales and Partnerships
In this episode, Emmet hosts Chip Fichtner, Co-founder and Principal, Large Practice Sales. They discuss what’s happening in the marketplace right now.
Practice Partnership Podcast Ep 8: ‘23 Practice Value Recap and Forecast for ‘24
In the first episode of the new year, Chip recaps the results of practice values and transactions in 2023 and forecasts what 2024 has in store for IDSO partnerships. In short, 2023 achieved record values for GPs and all specialties across the country. Any great...
Practice Partnership Podcast Ep 7: What’s Driving the Record Consolidation of OMS, Pedo and Ortho Practices?
Today on Practice Partnership, we're talking about the fastest-growing segment of dental practice consolidation – the "Dental Trifecta" Invisible DSOs (IDSOs)! Chip Fichtner will teach you all about how Dental Trifecta IDSOs only partner with pediatric...