Legacy Beyond Practice
Focus on what you love, excel at what you’re great and leave heritage beyond.
Why Partner with HDG?
General dentists with performing and well-run clinics, looking to maximize value, accelerate growth and increase their heritage for the long-term.
Established, profitable clinics with an impeccable reputation, multiple practitioners and a commercial payor mix in a dynamic location.
Professional, experienced and well-connected executive team strategically positioned to support partners’ growth, unload management burden and provide a better work/life balance for our partners.
Full clinical autonomy for partners, backing them only where and when needed.
Other Key Takeaways
Participate on platform’s greater early-stage upside.
Leverage from Company’s economies of scale and alliances.
Belonging to a larger group increases probability of weathering any national/global crisis.
Payoff any debt and have a substantial liquidity event while maintaining interests on your practice for the long-term.
Strong Leadership & Solid Capital Partner
Heather Foster – CEO
27+ years of experience as high-level executive in the dental industry and recognized as one of the top 5 women in the DSO space by Women in Dentistry.
Backed by Sora Capital
Alternative investment firm with $1.5 billion in AUM and multi-sector investment experience in North America, Europe and Central America.
HDG Profile
Heritage Dental
Group
Supportive Platform
Support that allows dentists to focus on what they love to do; excel at their medical practice and maximize its value with true independence while leaving their practice heritage beyond their generation.
Performing Clinics Bold Owners
HDG seeks large, general practices, with multiple practitioners and a predominant commercial payor mix, with bold and sophisticated owners that believe and are eager to participate in their clinics’ upside.
Maximize Shareholders’ Value
HDG, in contrast to traditional DSOs, is looking to maximize value for partners with best-in-class practices that meet Company’s strict profile and acquisition criteria.
Burden Free Operation
Partners will leverage from Company’s professional, experienced and well-connected non-clinical management team and industry alliances strategically positioned to support partners and remove any non-clinical burden.
Focus on Patients
HDG believes the best way to achieve long-term success and maximize value is by focusing on patients, and the best way to provide best possible service is by building around partners and having the right structure, team and strategy to support them where and when needed.
Approach, Values & Attributes
Heritage Dental Group knows its core values and attributes enable itself to better focus on patients.
Patient Driven Dentistry
HDG believes the preeminent way to ensure best possible service to patients is by providing partners with desired autonomy and only supporting when and where needed.
Convinced that teaming-up with partner dentists and encouraging a family-like environment is key to reach common goals.
HDG listens to its partners, employees and patients, understands them and treats them with upmost delicacy, equitably and equally.
Business between people, accountability, maintaining promises and treasuring confidence with partners,employees and patients.
Company believes in having strong moral principles as a guideline to having a stable working environment.
Company has the flexibility to structure partnership agreements tailored to meet partners needs, offering schemes to maintain ownership interests and participate in clinics growth.
HDG relieves its partners burdens allowing them to focus on what they do best without worrying on tasks that trouble them or they do not wish to perform.
Company holds itself to the highest standards to constantly provide better patient care through training, innovation and strategic planning.
HDG’s experience, track-record and day-to-day efforts are aimed at protecting and growing partners’ business and wealth.
Why Partner with Heritage Dental Group?
Becoming part of the Family
Full Clinical Autonomy
Full Clinical Autonomy
No practices directors, no managers – HDG trusts its partners will provide patients with the best dental experience
Management Support
Management Support
HDG can provide first-class support with great industry alliances and economies of scale that will provide enticing opportunities to grow and a better work-life balance
Training & Education
Training & Education
Constant training and education on advances in the latest technology with the best operational practices and procedures with our outstanding and passionate support staff
Maximizing Shareholders’ Value
Maximizing Shareholders’ Value
Company recognizes the value of a mature, well-run clinic and is willing to compensate shareholders by maximizing value
Full Alignment of Interests
Full Alignment of Interests
HDG looks to partner with dentists that believe in their clinics and are willing to roll-over equity, participating in future growth and ensuring performance
Partnership = Heritage
HDG understands that each partner has a unique practice and situation, reason why HDG seeks to structure tailormade partnership agreements for each of its partners, focusing on their well-being, wealth creation and ultimate satisfaction, partnering for the long-run.
Unique Practice, Situation and Needs
Transparency
Personalized Attention
Full Alignment of Interests
Share Upside Potential
Tailormade Partnership
World-Class Executive Team to Support Partners
DSO Valuation
Organic & Inorganic Growth
Economies of Scale
Heritage
Transaction Approach
HDG considers a 4-phase standard transaction process from first contact to transfer of funds lasting from 70 to 90 days.
First Contact and Initial Screening
1
Documentation Review
2
Offer and Due Diligence
3
Closing
4
Partnership
FAQs
Dental Service Organizations, also known as “Dental Support Organizations”, are independent business support centers that contract with dental practices. DSOs provide critical business management and support to dental practices, including non-clinical operations.
Whatever the reason for exploring offers from DSOs, you need to make sure that you choose the right buyer/ partner that will truly enable you to accomplish your goals, some reasons include:
- Maximizing shareholders’ value on the practice valuation
- Unload management burden, better work/life and thus focusing on what you really like
- Belonging to a larger group increases probability of weathering any national/global crisis
- Taking advantage of economies of scale and alliances a DSO can offer
- Payoff any debt and have a substantial liquidity event while maintaining interests on your practice
- Accelerate growth and expansion and participate on clinic’s upside
For the most part, DSOs determine the value of dental practices based upon a multiple of EBITDA along with some consideration for the unique characteristics of the practice (location, quality and size of the facility, equipment/technology, number of new patients, upside potential, etc.).
While some DSOs may do (5 – 8% of collections), HDG does not charge any management fees. You are a successful practice, HDG’s target is to remove any non-clinical burden and help you continue to run a successful practice for the long-haul. You will only pay for any service you desire.
We recognize the resources and time you have invested on your employees and the value you have built around them, reason why we guarantee employment to all good value long-term employees. Human resources services are available upon request to support partners in any way desired.
No, HDG believes in your brand and your reputation in your community and will work with your brand. If requested, re-branding services are available for HDG partners.
