Oral Surgery & Specialty Dental Private Equity - Physician Growth Partners

Oral Surgery & Specialty Dental Private Equity – Market Update

Winter 2024


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 “2nd 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.

Specialty Dentistry Private Equity Platforms Across the United States

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

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Recent Oral Surgery Transactions

Date TargetBuyerPE BackerState
September 2023Coastal Jaw SurgeryModis Dental PartnersThe Thurston GroupFL
September 2023Oral, Facial, & Dental Implant SurgeryUSOSMRiverGlade Capital / The Thurston GroupTX
September 2023Drs. Fried & PopperUSOSMRiverGlade Capital / The Thurston GroupOH
September 2023Mill Creek Oral & Maxillofacial Surgery AssociatesUSOSMRiverGlade Capital / The Thurston GroupOH
September 2023Denver Metro OMSSpecialty1 PartnersVSSCO
September 2023Whittier Oral and Maxillofacial SurgeryUSOSMRiverGlade Capital / The Thurston GroupCA
September 2023North Cascade Implant Oral Surgery CenterUSOSMRiverGlade Capital / The Thurston GroupWA
September 2023Oral & Facial Surgery Centers of WashingtonUSOSMRiverGlade Capital / The Thurston GroupWA
September 2023Fairfield County Implants & PeriodonticsSpecialty1 PartnersVSSCT
September 2023Lehigh Valley Oral Surgery & Implant CenterSpecialty1 PartnersVSSPA
June 2023San Diego Surgical ArtsUSOSMRiverGlade Capital / The Thurston GroupCA
June 2023Bellaire FacialUSOSMRiverGlade Capital / The Thurston GroupTX
June 2023Oral and dental implant surgery of texasUSOSMRiverGlade Capital / The Thurston GroupTX
June 2023Olympic Peninsula Oral surgery and Implants of WashingtonUSOSMRiverGlade Capital / The Thurston GroupWA
May 2023Kings Highway Oral and MAxillofacial SurgeryLeading Edge Oral SurgeryNY
May 2023Coastal Oral SurgeryMaxillofacial Surgical SpecialtyMedEquity Capital / RF Investment Partners / Kian CapitalNJ
May 2023Stopperich Oral & Maxillofacial SurgeryUSOSMRiverGlade Capital / The Thurston GroupPA
May 2023Southwest Oral and Maxillofacial SurgeryUSOSMRiverGlade Capital / The Thurston GroupNM
March 2023Westside OMSAllied OMSDuneGlass CapitalOR
March 2023Oregon Oral SurgeonsAllied OMSDuneGlass CapitalOR
March 2023Advanced Oral and Maxillofacial SurgeryAllied OMSDuneGlass CapitalCO

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

Learn More About Oral Surgery & Specialty Dental Private Equity