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Town of Hamburg, New York, United States · On-site
Entry level$3.0B raised
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Other
bachelor degree
Medical insurance, Dental insurance, Vision insurance, Life insurance, Long-term disability, Short-term disability
Posted 1d ago
Apply by Jul 29
~40 hrs/week
Responsibilities
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.
Requirements
Candidates must have a bachelor's degree in accounting or finance and 2-5 years of experience in investment banking, commercial banking, or private equity. The role requires residency in the Dallas-Fort Worth area and the ability to travel at least 50% of the time.
Full 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.
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
Offices: 2403 Lacy Lane, Carrollton, Texas 75006, US
Operations SupportHuman ResourcesFinance and AccountingBilling and CollectionsDentist CredentialingComplianceI.T. SupportTraining and DevelopmentMarketingBusiness Development
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
Offices: 2403 Lacy Lane, Carrollton, Texas 75006, US
Operations SupportHuman ResourcesFinance and AccountingBilling and CollectionsDentist CredentialingComplianceI.T. SupportTraining and DevelopmentMarketingBusiness Development