Trajectory will add three to five new practices a year
In early February, dentists, hygienists and business managers from Life Dental Group’s practices across Mississippi and Alabama gathered in Oxford, Miss., for the company’s 2023 Team Summit.
In addition to reviewing the past year, learning about new technologies and techniques, and planning for 2023, they heard a rousing keynote speech from Ole Miss Baseball Coach Mike Bianco, who led the Rebels to their 2022 national championship.
“I know dentistry’s a bit different than baseball, but Coach Bianco made sure we left the Summit inspired to serve our patients with the same kind of teamwork that made his team national champions,” said Dr. Mike Huggins, Life Dental’s lead dentist. “It was great having him join us.”
Throughout 2022, Life Dental acquired three new dental practices. On the eve of the Team Summit, the group also acquired a practice in Ridgeland, Miss., and they will open another in Tuscaloosa in the first quarter of 2023. Going forward, Life Dental will add three to five new practices each year.
As its lineup of practices has grown, Life Dental has been able to grow its team. When Life Dental was founded in 2018, it had just six employees. Today, the group has more than 168 team members.
It’s a great sign that Life Dental is positioned to continue to grow, Huggins said.
“Nationally, you’re hearing about corporate layoffs and supply chain issues, but Life Dental isn’t firing people. We’re hiring them,” he said. “We’re still going to be here—and growing—several years from now.”
All these marks of growth were further validated when Life Dental was named to Inc. Magazine’s 2022 list of the 5,000 fastest-growing privately held companies for the first time.
“Life Dental couldn’t be in a better position as we enter this next year,” said William Alias, EquiPro and Life Dental’s CEO. “We’ve got a great concept, financing and the right people, plus an industry that’s projected to keep growing for decades.”
Life Dental also used the Team Summit to officially launch Local Life, the company’s effort to support local communities through ongoing charitable donations, as well as sponsorship of youth sports teams and other activities.
“We don’t buy practices just to drive revenue,” Huggins said. “We truly value giving back to our communities, not just in donations but in real community involvement and excellent patient care.”
Doctors and hygienists looking for career growth opportunities will find them with Life Dental Group. For more information, contact Rob Vincent at rvincent@equiproinvest.com.
