PALM BEACH, Fla., July 23, 2019 /PRNewswire/ -- On Monday, July 22, 2019, Viper Equity Partners of Palm Beach ("Viper") announced strong Q2 results and its expanding reach into larger multi-location dental practice deals suitable for rapid value creation for its dental support organizations (DSOs) partners.
Consolidation and multiples are reaching record highs too, enabling Viper to expand deals into multi-office practices with revenues over $20MM, thereby adding new DSO and sub-DSO buy-side clients. Don Schwall, Viper's Vice President of Corporate Development explains: "During Q2, our transactions evolved from 1 to 3 office practices to comprise multi-office dental practices with 15 to 30 locations in concentrated geographies in prime states."
Viper's vision remains clear: to deliver value-added action and indispensable advice to its clients and partners throughout the entire M&A process. Their new North Palm Beach offices house an expanded finance division. Services include package development, financial modeling and forecasting, as well as practice audits. Viper also added a multi-team closing division to facilitate post-LOI diligence through closing for all clients. Further, by partnering with the operational improvement firm ADP, Viper now focuses on groups of offices looking to integrate into a DSO. This collaboration structures them and boosts EBITDAs for market readiness.
David Branch, Viper Founder, elaborates: "These are exciting times. Our Plan for 2020 will launch integrated and non-integrated DSOs, as well as alignment with DSOs for their recapitalization events."
Contact: Dave Branch | email@example.com | 305-988-5945
Viper Equity Partners is America's leading growth transition and M&A advisory firm in dentistry, dermatology, and plastic surgery, with over $1.5 billion closed since 2009. Viper's M&A expertise and exclusive relationships with private equity-funded organizations are unique. The Viper Team consults with practice-owning doctors and groups from integration and marketing to offer negotiations to the closing table with high integrity and velocity. For info, visit www.viperequitypartners.com.
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SOURCE Viper Equity Partners
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