Home / Benchmarks / Dental Practice
Dental PracticeM&A Valuation Benchmarks
Median multiples, deal-size medians, named acquirers, and per-bracket multiples — based on 114real M&A transactions in the dental practice space.
State of DentalM&A in 2026
The dental practice M&A market is currently trading at a median 11× EBITDA (interquartile range 7.2×–14×) and 1.6× revenue (interquartile range 0.9×–3.4×), based on 114 disclosed transactions at a median deal size of $137.1M. The market trend is currently consolidating.
Active acquirers include GTCR, Ontario Teachers' Pension Plan, KKR, Heartland Dental. Recent named transactions: Dentalcorp Holdings Ltd. (2025, $3,300M, 11× EBITDA); Donte Group (2025, $1,166.6M, 12.5× EBITDA); Leixir Dental Laboratory Group (2025, $225M, 11.3× EBITDA).
Premium multiples in dental are driven by hygiene as 30%+ of total production (hygiene-heavy practices command premium multiples); long-term lease (10+ years remaining, unlocks sba financing for buyers); associate-driven production (proves transferability, opens dso buyer pool).
What depresses multiples: 100% owner-produced collections (private buyer pool only, multiple compresses 20-40%); lease under 3 years remaining (kills sba-financed buyers entirely); declining collections over 2+ consecutive years (red flag for any buyer).
All figures based on disclosed deals only. Source: SEC filings, EDGAR 8-K/S-4, and verified press releases (114 deals total, 85 with EBITDA, 69 with revenue). Quality grade: green.
Median multiples
| Metric | p25 | Median | p75 | Sample |
|---|---|---|---|---|
| EV / EBITDA | 7.2× | 11× | 14× | 85 deals |
| EV / Revenue | 0.9× | 1.6× | 3.4× | 69 deals |
| Deal size (EV) | — | $137.1M | — | 114 deals |
Recent (2018+) median: 11.3× EBITDA, 2.2× revenue. Data quality: green.
Recent named M&A deals in dental
Most-recent disclosed transactions. Click any deal for full detail (multiples, financials, source).
Sourced from SEC filings, EDGAR 8-K/S-4, and verified press releases.
Get an instant valuation for your dental
Three fields. Uses these same multiples, adjusted for your specific size and margin.
Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.
What drives premium multiples
- ●Hygiene as 30%+ of total production (hygiene-heavy practices command premium multiples)
- ●Long-term lease (10+ years remaining, unlocks SBA financing for buyers)
- ●Associate-driven production (proves transferability, opens DSO buyer pool)
What depresses multiples
- ●100% owner-produced collections (private buyer pool only, multiple compresses 20-40%)
- ●Lease under 3 years remaining (kills SBA-financed buyers entirely)
- ●Declining collections over 2+ consecutive years (red flag for any buyer)
Methodology details: how ExitValue computes valuation ranges · full dental calculator