Why choose Mortenson Dental Partners (MDP) over a broker or another Dental Service Organization (DSO)?
MDP offers dentists unmatched clinical autonomy, ownership opportunities and a robust continuing education program that supports them throughout their careers. We help dentists achieve clinical excellence, practice leadership and financial wellness. We also have a positive, family-oriented culture that is rooted in our mission and values.
What are the benefits of selling your dental practice?
While MDP practices are managed with the same principles as those that are privately owned, they can also leverage the size of the group for a number of benefits. For example,
What is the transition process like?
Here’s what you can expect for yourself, your team, and your patients during the transition process:
How does valuation work?
Once you and MDP have made the decision to proceed, we’ll both sign a non-disclosure agreement and begin our initial evaluation. MDP will then request several pieces of information to begin an initial financial analysis. These pieces include a practice profile summary and financial template along with profit-and-loss statements, tax returns and an asset listing.
During the valuation process, there will most likely be questions and/or clarifications needed. We can work directly with you or your representative, such as a CPA, Financial Advisor or General Counsel.
Upon completing our valuation, we’ll advise you of our preliminary purchase price and issue a non-binding letter or intent. If we attain an agreement in principle, we’ll then request approval from our Executive Leadership Team and Board of Directors. Upon approval, we’ll move to the legal due diligence phase and schedule the transaction closing.
What will happen to the staff when I sell?