by Chip Fichtner | Apr 21, 2022 | Podcast Guest, The Propreneur Podcast
Because of their profitability and sweeping access to resources, Invisible Dental Support Organizations or IDSOs are creating a lot of buzz today. In this episode, Dino interviews Chip Fichtner, the founder of Large Practice Sales which specializes in invisible DSO...
by Chip Fichtner | Jul 2, 2021 | Insights
LPS Completed over $91,000,000 of Transactions for Happy Clients, YESTERDAY. Yes, you read that correctly. Just yesterday, LPS completed transactions for nine very happy clients from Denver to Philadelphia. All were at record values for a total of over $91,000,000....
by Chip Fichtner | Jun 17, 2021 | Insights
The young doctor’s alternative to growing by himself is partnering with a group of experts worth billions of dollars who want to help him create value. He is a great dentist, but his new IDSO partner has created billions of dollars in investment value. It takes six...
by Chip Fichtner | Jun 16, 2021 | Insights
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...
by Chip Fichtner | Jun 16, 2021 | Insights
Some doctors are skeptical when we list the extraordinary values, we have achieved for our doctor clients over the last year. When the “industry standard” valuation is 80% to 100% of collections, doctors are amazed when shown multiple...