Friendship Dental Laboratories, a full-service dental lab, is based in Rosedale, Md., with a second lab in Baltimore, according to an April 27 news release. This emerging dental group does not charge management fees to its partners and does not employ a clinical director. Lone Peaks support team ensures the growth of each of their dental practices through a proactive, honest, and responsive approach. With a strategy of affiliation, Imagen is focused on attracting the right practices, growing their partner practices, streamlining, and scaling solutions. Lone Peak fosters a team-oriented culture with an owner-doctor model, which allows for equity participation at the local level and mentoring. Business challenges include the tightening of the labor market and the capacity constraint in specific offices that have outgrown their space due to accelerated patient growth. Copyright 2023 | Group Dentistry Now LLC | 1250 South Bethlehem Pike, Suite 400, Hatfield, PA 19440 | 239.567.9494, 4 Tips to Increase AI Adoption in your DSO, The Key Difference Between the Worlds First Dental Implant Partnership Network and Other Groups: One Is Way More Effective Than the Other, DSO People! The emerging DSO expects immense growth over the years to come, with $30 million projected in revenue by 2022 and at least five practice acquisitions slated for 2022 alone. The original pediatric dental and orthodontic group practice is made up of 35 founding doctors, one of which is Dr. Greg White, who serves as the managing partner of the group practice and president and CEO of PepperPointe Partnerships. Their doctors and other like-minded individuals are given the primary opportunity to be investors. Dental Private Equity Jobs, Employment | Indeed.com Funding. The group has remained vibrant, experiencing continued practice growth and expanding leadership. IDSO contractually commits that the dentist remains in control and has the autonomy to continue running the practice as they feel best. Former client transactions include Great Expressions Dental Centers' 2008 partnership with Audax Group, Baystate Dentals' 2013 acquisition by North East Dental Management, Laser . Aspen Dental Management, Inc., the country's second largest DSO, has roughly 1,000 locations in 46 states. The Becker's Dental Review website uses cookies to display relevant ads and to enhance your browsing experience. "When you have private equity firms with sometimes 20% to 25% return expectations over relatively short time periods, you have to ask, 'What is going to be the impact on patient care?'". This strategy is to ensure the patient is provided the best care, the doctor is provided the best support and the shareholders (Schulman members) receive a return on their investment without compromising the SG Management Schulman integrity. PiP will pursue these mergers if they are accretive to their financial goals and delivery systems but, more importantly, that they have solid alignment with the teams business and practice ethics, values and temperament. Senior management has doubled down on its commitment to continue to exercise its core mission of improving the lives of its people and patients by setting internal qualitative criteria that must be met for a new practice acquisition or partnership to be made, all in assurance the challenge of keeping what makes the organization culturally unique and special remains intact. They began carrying out their mission with ProHEALTH Care Associates on Long Island, which was the site of their first office. 89 business development - private equity jobs available. Helps us identify additional client account opportunities and be the DSO solution architect. Their banking team also provides them with secondary valuation and acquisition analysis to assure deals are closed quickly, efficiently and with solid structures that are beneficial to both parties.

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