Latest / The Acquisition Talk with Fexingo: Mergers, Buyouts, and Business Sales for Operators
How Private Equity Acquires Your Local Dental Practice
Lucas and Luna unpack the wave of dental practice acquisitions by private equity firms. They trace a specific case: Heartland Dental, backed by KKR, now operates over 2,500 locations across the US. The hosts break down how these deals are structured—earnouts for retiring dentists, centralized back-office consolidation, and the tension between clinical autonomy and profit targets. They also explore why dental, a fragmented industry with aging practitioners, became a PE target in the first place. Along the way, they discuss the regulatory pushback from the FTC and state dental boards. By the…
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