Greg Wappett

speaker
324 appearances 1 recordings 1 series first heard Jun 2026 last heard 22 Jun

Greg Wappett’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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And they just want to be a solo practitioner with you know four or six support staff underneath them that are helping them do their day-to-day work, and that's it.
Um, and that's a fine model.
It's just not our model.
Our model is much more um collaborative with multiple providers, with larger practices that are busier, that we're seeing more patients, um, and that we're really treating as many as we can in the
community within within the right guardrails.
Um specific to 42 North, what what are the things that we look for?
To me, one of the most important things right out of the gate is what is the motivation for a seller looking to partner with a DSO or sell their practice in general.
Are they looking to strictly retire?
If so, what's their time horizon?
And then you kind of almost have to ask that again.
What's your realistic time horizon?
You know, everyone, I think most dentists are either know or they're coached by their advisors or brokers that someone like myself is going to ask for a minimum of five years commitment.
Um, so they'll they'll say that out loud, but the reality is we we need to understand what that means.
That doesn't mean that you show up to work five days a week for year one, four days a week for year two, and by the time we get to year five, you're working one day a week.
Like we we need to make sure that we're on the same page because going into partnerships under false pretenses is the wrong way to think about this.
Um, if you're looking strictly for a financial transaction and you don't want anyone to touch your office.
office or touch how you guys do business or anything like that.
You just want to basically cash out, work for the next three years, um, and a vet and kind of have your succession plan essentially etched out in stone so that when your three year anniversary is up, you can walk away having taken care of the sale of your practice in advance.
It's not for us, but it could it there's there's groups out there that focus on those sorts of things and probably with shorter time horizons.
Um, there's definitely groups out there that their their business strategy is buy a pra buy a solo doctor practice and have them out within the first six to twelve months because they believe strongly that they can bring in a new dentist and that's going to reinvigorate the practice and grow.
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