Director of Business Development
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MB2 Dental
Carrollton, TX, US
Summary
The Director of Business Development will manage the company's growth pipeline by conducting due diligence, financial analysis, and valuation modeling for dental practice acquisitions. They will also interview potential sellers and collaborate with internal teams to execute transactions from sourcing to post-close integration.
Job Description
Overview
MB2 Dental, a first-of-its-kind Dental Partnership Organization (DPO) founded in 2007 and based in Carrollton, TX, is actively hiring a Director of Business Development (M&A)! This role will directly support the Vice President and Chief Development Officer in helping the company with its inorganic growth. The ideal candidate for this role will be able to strike a balance between interacting with sellers (dentists) and conducting thorough due diligence and financial analysis on various investment opportunities.
MB2 is a private equity-backed dental partnership organization with over 800 locations in 47 states. MB2 has a trail-blazing dental partnership organization model and is growing nationally by bringing on new dentist partners and their practices. The company typically acquires ~100 dental offices per year. A successful Business Development Director will add value through managing individual transactions in the company’s growth pipeline and executing deals from start to finish.
Benefits
- Medical, dental, vision, and life insurance
- Long and short-term disability
- Generous PTO and paid holidays
- Traditional and Roth 401(k) options
- Referral Bonus Program
- Employee Perks
Responsibilities
- Conduct initial evaluations of dental practices for both buyout opportunities and joint venture partnerships
- Interview selling dentists on their long-term goals, business needs, and objectives in the sale of their practice
- Conduct both initial and confirmatory due diligence
- Conduct thorough financial statement analysis and data mining of key performance indicators from small businesses’ enterprise systems
- Complete valuation models and prepare board-level presentation materials for investment decisions
- Complete macro-economic, general industry, and competitive insights research as needed
- Compose investment memorandums for investment committee decisions
- Work with third parties, including attorneys and other transaction professionals, on the execution of both buyout transactions and new partnerships
- Translate complex valuation and business transaction concepts to doctors who do not have a background in such concepts
- Work with Integration and Operations Teams on pre-close due diligence and preparation for post-close integration of newly acquired dental offices
- Prospect for new dental practice acquisition targets as needed
Qualifications
- Must reside in the Dallas-Fort Worth area
- Bachelor of Art or Science in accounting or finance
- 2 – 5 years of investment banking, commercial banking, corporate development, or private equity experience
- Excel, PowerPoint, and Word skills are imperative
- Knowledge of general accepted accounting and finance principles
- Healthcare transaction experience preferred
- Ability to see a transaction through from sourcing to close
- Experience working in fast-paced transaction environment
- Ability to travel 50%+ is required
MB2 Dental Solutions, LLC is an equal opportunity employer.
INDHRM200
#INDHRM200
MB2 Dental is more than a DSO, it’s a Dental Partnership Organization. We provide our partners with the tools they need to reach their goals and achieve financial freedom, personal autonomy, and continued prosperity without working overtime to get there.
Our services go beyond the basics to include support in areas of:
· Human Resources & Recruiting
· Accounting & Finance Services
· Procurement
· Marketing & Development
· More
If you’re ready to work smarter, breathe easier and live larger, discover how partnering with MB2 Dental gives you the power to grow professionally without giving up control of your practice. #PowerToThePartners
Founded
2007
Company size
5,001-10,000 employees
Industry
Hospitals and Health Care
Org type
Privately Held
Headquarters
Carrollton, Texas
MB2 Dental is more than a DSO, it’s a Dental Partnership Organization. We provide our partners with the tools they need to reach their goals and achieve financial freedom, personal autonomy, and continued prosperity without working overtime to get there.
Our services go beyond the basics to include support in areas of:
· Human Resources & Recruiting
· Accounting & Finance Services
· Procurement
· Marketing & Development
· More
If you’re ready to work smarter, breathe easier and live larger, discover how partnering with MB2 Dental gives you the power to grow professionally without giving up control of your practice. #PowerToThePartners
Founded
2007
Company size
5,001-10,000 employees
Industry
Hospitals and Health Care
Org type
Privately Held
Headquarters
Carrollton, Texas