Criteria & Process

Adty Group - Criteria & Process

Criteria:

  • Established or growing Dental Practices.
  • Minimum annual revenue > $1 million per practice
  • EBITDA Margin over 15%
  • Preferably 2 or more associate doctors and 3 or more chairs

Process:

Initial Consultation: Day 1

  • The initial consultation involves a one-on-one discussion with you and Dr. Ray Khouri to develop an understanding of your practice objectives.
  • Based on your interest, ADTY Group will request financial reports and data.

Developing the Heads of Agreement: Days 2 – 14

  • The information you provide ADTY Group will review and helps ADTY Group develop a well-defined Heads of Agreement (“HOA”). In contrast, many acquirers place low emphasis on the initial work to encourage sellers to sign a loosely defined HOA only to waste time with numerous changes to a proposed transaction, which incurs additional costs and time for the seller, potentially disenfranchising them.
  • Our Team will reach out to you to let you know the result of the initial review.
  • Members of ADTY Group will generally follow up with you from 5 – 14 days after receiving your practice’s information.
  • The purpose of this meeting is to better understand your practice, your objectives, give you a chance to ask any questions, and highlight specific items you would value or require in a forthcoming HOA. Unlike other acquirers, ADTY Group attempts to deliver a comprehensive HOA to avoid confusion or delays following its execution.

Executing the Heads of Agreement and Due Diligence: Days 15 – 120

  • ADTY Group will complete a site visit at a mutually agreed time in discretion as to not interrupt business.
  • You will receive a HOA outlining the value of your practice and specific terms related to the transaction.
  • If the terms and value are to your satisfaction, you and ADTY Group will execute the HOA and proceed to comprehensive legal, clinical, regulatory, and accounting due diligence.
  • The end result of ADTY Group’s post HOA diligence will be an Asset Purchase Agreement and pre-settlement planning for transition and integration.

Welcome to your new family:

  • Following the closing of the transaction, your practice will be onboarded onto ADTY Group’s infrastructure and engage with members of ADTY Group’s team – many of whom you likely interacted with during the transaction process – to ensure a smooth transition.
  • In the months that follow, you will have access to ADTY Group’s financial reporting, analytics, procurement capabilities, and the option to partake in various growth and efficiency opportunities at your sole discretion.
  • Leverage ADTY Group’s ecosystem of fellow partner practitioners to solicit and share best practices.