An orthodontist in Florida came to us who was about to sign a $19 million dollar offer from a solid IDSO. We had just helped partner multiple practices with this IDSO in the past 90 days, and we knew they would pay more. But we also knew that with the proper bidding contest, he could get at least 2x that value
LPS created a 10-bidder contest among the ortho only and Dental Trifecta IDSOs. He closed at $42.5 million with 90% in cash. The $19 million dollar bidder came up to $30 million in the first round and did not make the second.
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