Backed by the Thurston Group
The dental partnership backed by 38 years, $4B+ returned to partners, and 8 healthcare platforms built.
Dentists Come to SGA to Get Better.
Not Just to Get Bought.
SGA Dental Partners is a national dental partnership platform where practice owners receive a meaningful liquidity event, full operational support, and equity in a growing multi-state organization -- without losing their name, their team, or their way of practicing. We are backed by the Thurston Group, the only PE firm that has built this exact model 8 times and returned over $4 billion to partners across 38 years.
The Education Platform
"The only dental partnership with a built-in path from general dentistry to advanced implantology."
- Pikos Institute -- World-renowned implantology training. Courses valued at $6,500-$12,000 per session.
- 4Front Symposium -- Annual peer-learning event where partner clinicians collaborate and share clinical innovations.
- Individual Growth Engine -- 1:1 clinical mentorship. Dr. Matt Cavendish grew revenues 16.5% TTM with 100% staff retention.
The Thurston Track Record
"Backed by the only PE firm that has built this exact platform 8 times."
- 38 years as a firm. Founded 1988.
- $4B+ returned to partners across all platforms.
- 8+ platforms built, including Smile Doctors, US Endodontics Partners, US Oral Surgery Management.
- $350M credit facility secured for SGA expansion.
Three Verticals, One Platform
"Community dentistry. Collaborative practice. Advanced implantology."
- Community Dentistry -- 17+ practice groups across GA, MS, AL, LA, TN. Deep local roots.
- Collaborative General & Specialty -- National footprint. "Dentists teaching dentists" culture.
- Advanced Implantology (MODIS) -- Anchored by Pikos Institute and Innovative Dental (138K YouTube subscribers).
PARTNERSHIP OVERVIEW
Partnership Tiers
SGA structures partnerships to fit the practice, not the other way around.
|
Community Practice |
Group Practice |
Specialty Practice |
| Profile |
1-3 doctors, $1M-$3M revenue |
4-10 doctors, $3M-$10M revenue |
Periodontist, oral surgeon, or implantologist |
| Liquidity |
60-70% at close |
55-65% at close |
55-65% at close |
| Equity |
30-40% platform equity |
35-45% platform equity |
35-45% SGA/MODIS equity |
| Support |
Full back-office within 90 days |
Full back-office + regional leadership |
Full back-office + $250K-$750K capital |
| Education |
4Front + Growth Engine |
4Front + clinical advisory board |
Pikos Institute + MODIS network |
| What Stays Yours |
Name. Team. Patients. Clinical decisions. |
All above + governance voice |
All above + written scope guarantee |
What Our Partners Say
"SGA supports us and manages things behind the scenes. Our partnership allows us to focus on changing lives."
-- Dr. Mitchel S. Godat, Periodontal Associates of Memphis
"To be able to do a complex case like this, with somebody who is also working at a very high skill level -- it is fun."
-- Dr. Matt Cavendish, Gen4 Partner (revenues up 16.5% TTM, 100% staff retention)
"I love being a dentist, and I want to protect my profession from becoming like medicine."
-- Dr. Mitch Ellingson, Chief Clinical Officer, SGA Dental Partners
The Partnership Path
Three steps. No brokers. No pressure. Direct conversations between dentists.
1
EXPLORE
Schedule a confidential conversation. We evaluate mutual fit -- financials, culture, clinical philosophy. No obligation.
2
PARTNER
Transparent evaluation and honest valuation. Structure a JV equity partnership where you retain ownership in the platform.
3
THRIVE
Keep your name, team, and patients. SGA handles billing, payroll, HR, compliance, marketing, and recruiting.
Ready for a Confidential Conversation?
sgadental.com/partnership
"Most dentists who partner with a DSO regret it within 18 months. SGA was built by dentists who heard that number and refused to add to it."
This document is intended for prospective partners and their advisors. Contents are confidential.