by Chip Fichtner | Jan 26, 2024 | DEO Growth Secrets, Podcast Guest
In this episode, Emmet hosts Chip Fichtner, Co-founder and Principal, Large Practice Sales. They discuss what’s happening in the marketplace right now: What dental partnerships look like today If you’re thinking about a transaction, the best way to...
by Chip Fichtner | Jan 5, 2024 | Insights
In 2023 many LPS clients including GP and all specialties achieved record value IDSO partnerships after considering a record number of qualified bidders. Our record for the year was a $43 million partnership at 14+x EBITDA. A miracle not to be repeated in 2024, I am...
by Chip Fichtner | Nov 28, 2023 | Insights
Every week I speak with dozens of dentists interested in learning about the IDSO partnership opportunity. The prevailing belief by doctors in the last 90 days has been that there are fewer bidders and practice values are declining. THIS IS NOT TRUE! While several...
by Chip Fichtner | May 18, 2023 | Insights
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’...
by Chip Fichtner | May 16, 2023 | Insights
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...
