Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions

How Private Equity Is Rolling Up Dental Support Organizations
In this episode of The Buyout Show, Lucas and Luna examine the rapid consolidation of the $156 billion dental industry through the DSO (Dental Support Organization) model. They trace how private equity firms have rolled up thousands of independent dental practices since 2018, turning solo practitioners into network employees. The hosts dig into the specific economics of a DSO deal: a typical practice acquisition valued at 6-8x EBITDA, the centralized back-office arbitrage, and the tension between clinical autonomy and operational efficiency. They also unpack the backlash—from state dental…
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