Buyer profile

Aspen Dental Management

A branded, retail-forward network operating under a single consumer brand. Aspen has historically grown through de novo openings more than acquisition, which changes the negotiating posture when it does buy an existing practice.

Ownership and sponsor

TSG Consumer Partners, Ares Management

Approximate practice count

~1,100 supported offices

Geographic footprint

National, all 50-state ambitions with heavy Northeast and Midwest density

Reported structure

Figures below are publicly reported or submitted by dentists who received an offer. They are not a statement of company policy and terms vary by practice.

Not yet documented

Publicly reported office counts · 2024-11

Not yet documented

Publicly reported office counts · 2024-11

Not yet documented

Publicly reported office counts · 2024-11

Not yet documented

Comp reset pattern

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Anonymous by default. No name, no practice, no identifying detail is collected. Submissions are reviewed before they move any published range for Aspen Dental Management.

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Deal terms

Defaults reflect a typical mid-market DSO structure. Replace them with the numbers on your letter of intent.

Headline purchase price$

Annual collections$

Cash at close% of price

Rollover equity% of price

Holdback / escrow% of price

Holdback releasemonths

Earnout amount$

Earnout achievement odds50%

Current owner take-home$

Post-close comp rate% of coll.

Employment termyears

Discount rate%

Rollover exit at year 5

Real consideration, present value · Aspen Dental Management structure

$3,501,870

$698K below the headline · 17% gap

At 25% rollover you are financing 25% of your own buyout and getting paid for it in five years, if there is an exit.

The numbers above stay visible either way.