Oral Surgery & Specialty Dental Private Equity – Market Update

Over the past year, the landscape of oral surgery has undergone a dynamic transformation, emerging as a focal point for many leading healthcare focused private equity firms. In 2023, the industry experienced an unprecedented level of activity as more private practice oral surgeons see the long-term value of a private equity partner. Despite this surge, the market remains highly fragmented compared to other physician sub-sectors within healthcare. The strategic effort to emulate physician focused successes in other surgical subspecialties is generating substantial momentum, propelling private equity investments into the forefront of many oral surgeon discussions in the future.

The last twelve months have seen existing OMS platforms invest heavily into new markets and new partners with 30 add-on transactions. The market continues to show room for new entrants as multiple new platforms have been founded in the last 12 months inclusive of P3 Oral Surgery (represented by Physician Growth Partners) in their partnership with HealthEdge Investment Partners.  As new platforms enter the market, PGP expects a continued surge in add-on level transactions across the country.

Given broader economic forces stabilizing, PGP anticipates a number of the established OMS platforms to pursue and ultimately consummate “2^nd bite” transactions in 2024. These successful exits will present stout case studies of the success private equity and oral surgeons can have together.  Early movers and entrepreneurial minded oral surgeons who partnered with MSOs and DSOs years ago will be well positioned to achieve substantial gains as liquidity events approach. While the market may no longer be untapped, there’s still a wealth of opportunity for current physician owners.

In the current environment, hiring an advisor has become indispensable for unlocking economic value and securing favorable deal terms. The heightened activity brings about a greater variability in the buyer universe, making it crucial to assess all potential outcomes meticulously. In this era of heightened activity, choosing the right partner requires a thorough evaluation of all possibilities, and having an advisor on board ensures a strategic and informed approach to navigate this nuanced terrain.

Interested in how private equity can help your Oral Surgery practice?

contact@physiciangrowthpartners.com

Recent Oral Surgery Transactions

About Our Firm

Physician Growth Partners (PGP) Physician Growth Partners (PGP) is an advisory firm working exclusively with independent physician groups in transactions with private equity.

PGP has completed 15+ transactions in the last 12 months. Our firm is differentiated by:

• Senior partner involvement at every stage of the process
• Extensive physician practice transaction experience
• Unmatched relationships with all key private equity and strategic buyers interested in Oral Surgery
• Educational approach focused on partnership and cultural fit + achieving a market-clearing valuation

Relevant Physician Practice Transaction Expertise