Viper Partners Wraps Up 2023 with Trio of Major Oral Surgery Transactions
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In a grand finale to an already record-breaking year, Viper Partners, the leading deal maker in the dental industry, successfully closed three major oral surgery deals in the final week of 2023. Despite a year fraught with challenges and uncertainty, the Florida-based investment bank drew upon decades of experience navigating market volatility and securing top-dollar deals for their clients.
"Double-digit multiples were the name of the game for our sizable clients this year because their businesses are simply worth that," declared David C. Branch, Viper Partners' founder. "There's a trend of buyers trying to shortchange these doctors, but that doesn't sit well with me. A multi-doctor, multi-location oral surgery deal is worth at least 10x against a robust EBITDA, and I'm determined to secure that for them."
Viper Partners brought several high-profile deals to the market in 2023, including Roanoke Oral Surgery, The Christiana Center for OMS, and Santa Barbara Center for Oral and Maxillofacial Surgery.
Buyers aggressively vied for these deals, but ultimately, only "top dollar" offers made the cut for Viper. The winning deals, primarily structured as 70% cash and 30% equity, were clinched by DSOs with robust private equity backing and consistent year-on-year stock growth.
The momentum continues into 2024, with Viper already putting $125 million under Letter of Intent (LOI) by January 6th. "We're all in on dental this year," stated Branch. "We're eager to collaborate with serious sellers who seek the best representation and require offers and deals that make good business sense. No bargains, just solid transactions."
Viper prides itself on its strategic relationships with what it views as the best potential buyers for its clients. Each client is treated preferentially, receiving a comprehensive marketing package which includes an in-house financial underwriting assessment and pricing review before the deal hits the market. "We represent our sellers and take that responsibility very seriously," emphasized Branch.
Viper Partners is actively seeking to collaborate with dental practices nationwide.
About Viper Equity Partners
As America’s Leading Transition Consultation Firm for the Medical Industry, working with dentists, plastic surgeons, dermatologists, cardiologists, and real estate. Viper Partners is America's leading M&A Advisory and Investment Bank in dentistry and aesthetics, representing Dental, Plastic Surgery, Cardiology, Real Estate, Loans, Financing, and Dermatology practice owners. Our exclusive relationships with private equity-funded Dental Support Organizations (DSOs) and Medical Support Organizations (MSOs) and our experienced team of M&A professionals are like no other in the healthcare marketplace. The Viper Team consults with every client, from contract to the closing table, with high integrity, efficiency, velocity, and a one-of-a-kind, value-added approach. Our 97% closing rate speaks for itself.
Contact Information:
For more information on how Viper Partners can assist with your business sale, contact Dave Branch or visit https://www.viperequitypartners.com/.
Dave Branch, Founder
Phone: (305) 988-5945
Email: dave@viperequitypartners.com
SOURCE Viper Equity Partners of Palm Beach LLC