
🦷 Source Says Dental Office Network May Sell Before Summer Hits
A Multi-Location Dental Group Could Be Closing a Quiet Deal—And Soon
In the quiet corridors of healthcare M&A, big moves often begin with whispers. This month, a mid-sized dental group with multiple Florida locations is reportedly in advanced conversations—possibly closing a deal before Memorial Day.
No broker blasts. No teaser decks. Just insider rumblings pointing to a well-run, cash-flowing platform attracting serious buyer interest.
🏢 The Business: A Scalable Dental Platform With Local Roots
This isn’t a loose collection of legacy practices. It’s a branded, partially centralized network of 6–10 clinics, mostly in Central and South Florida. Core traits include:
- General and family dentistry focus
- Some locations offer cosmetic, Invisalign, and limited oral surgery
- High private-pay and PPO mix (~95%)
- Digital EMRs, online booking, and cloud-based communications
- Centralized HR, billing, and marketing systems
đź’µ Financial Snapshot (Unofficial)
Revenue (TTM) | $10M – $14M |
EBITDA | $2.2M – $3.6M |
EBITDA Margins | ~22% – 27% |
Locations | 6–10 |
Chairs per Office | 6–12 |
Payer Mix | 65% PPO / 30% cash / 5% other |
Recurring Patient Base | ~30,000+ |
Note: At least two properties are rumored to be owned real estate, not leased—offering optional RE upside or sale-leaseback structure.
⏳ Why Now?
- Strong 2023 Results: Record revenue and patient volume post-COVID.
- Succession Trigger: At least one founder may be preparing to retire or reduce involvement.
- Valuation Climate: PE interest is still strong, but multiples are starting to tighten—making this an optimal window.
- Buyer Appetite: Clean, mid-size platforms with infrastructure are in high demand among DSOs and PE groups alike.
🎯 What Makes This Deal Compelling
- Operational Structure: Shared services and branding make it efficient and scalable.
- Hygiene Revenue: Contributing 40–50% of revenue—indicative of patient retention and recurring visits.
- Stable Doctor Base: Several associates have been with the group 5+ years, and some have employment contracts in place.
- Growth Markets: Located in fast-growing, aging-population areas of Florida with high inbound migration.
- Tech Forward: Digital systems, patient portals, and EMRs in place across sites.
🏥 Market Context: Dental M&A Still Hot
- PE groups continue to pursue platforms at 6–9x EBITDA
- DSO consolidation continues, especially in high-density states like Florida
- Dental is viewed as a recession-resilient, cash-generative healthcare vertical
- Integration is the bottleneck—plug-and-play systems make a big difference
🛑 Risks and Red Flags to Vet
- Payer Concentration: PPO margins can shrink fast if reimbursement rates shift.
- Associate Retention: Cultural or comp disruption post-sale could lead to turnover.
- CapEx Exposure: Dental chairs and imaging tools degrade quickly—CapEx forecasts should be audited.
- Real Estate Structure: If some locations are being sold separately or leased back, diligence on terms is key.
- Brand Consistency: Maintaining patient trust during transition is critical—especially if a national brand is stepping in.
🤝 Potential Buyer Profiles
Buyer TypeStrategic Fit
Mid-Market DSO | Quick path to scale and market entry |
PE Platform Group | Florida footprint, operational foundation already in place |
Family Office | Healthcare cash flow with potential real estate equity upside |
Strategic Dental Group | Accelerate regional dominance, unify systems |
There’s also potential for a dual-track structure with real estate sold separately to RE investors under sale-leaseback terms—freeing capital for the operating buyer and unlocking more seller liquidity.
📝 Final Take
This Florida-based dental network may never formally list—but it represents the kind of low-noise, high-efficiency deal buyers dream about. For investors or operators with dental experience, this could be the entry point to a broader DSO strategy—or a strategic bolt-on to deepen market presence.
Quietly structured, tightly run, and already cash flowing—this may be one of the most actionable private-pay dental opportunities of the year.
Deal Status: Unlisted. Multiple parties reportedly in conversation. Timeline points to a pre-summer close if terms align.
If you’re serious about dental, this might be the one worth breaking your silence for.