In a significant development for the dental industry, Catapult Crown and King’s Ransom Group (KRG) have announced a strategic alliance aimed at providing enhanced financial advisory services to dentists. This collaboration also marks the launch of DentyVal, an innovative dental practice valuation technology designed to empower dentists in making informed decisions regarding their practices.
Catapult Crown, a division of Catapult Education, one of the largest dental education platforms globally with over 38,000 dentist members, is set to leverage KRG’s expertise in dental mergers and acquisitions (M&A). With a combined experience exceeding 75 years in financial advisory, KRG will provide vital support to dentists looking to sell their practices, particularly to Dental Service Organizations (DSOs).
As part of this alliance, DentyVal has been developed to offer dentists a confidential and unbiased estimate of their practice’s value within minutes. This groundbreaking technology allows practitioners to gain insights into their practice’s worth quickly, equipping them with the necessary information to explore their future options.
Dentists using the Catapult Crown platform will have the opportunity to schedule a no-obligation consultation with KRG’s market experts to discuss their valuations and potential sale options, ensuring they have access to tailored advice throughout the sales process.
Saul Kaplan, CEO of Catapult Crown, expressed enthusiasm about the partnership, stating, “We are excited to partner with the King’s Ransom Group to provide the dental community with a unique service offering to help them secure the best possible deal for the sale of their dental practices. KRG has an excellent track record and is highly regarded in the industry.”
The strategic alliance is seen as a critical step in fostering a comprehensive ecosystem for dentists, combining Catapult Crown’s robust platform with KRG’s extensive financial advisory experience. This collaboration aims to enable dentists to navigate the complexities of practice sales with confidence, ensuring a smoother transition when moving forward.
Darren Sardoff, President of King’s Ransom Group, highlighted the significance of this partnership, noting, “Our alliance with Catapult Crown is exciting and unique. It exemplifies how the Catapult ecosystem is providing dentists on its platform with offerings that now include support for those interested in relationships and partnerships with DSOs. It underscores the importance of having representatives who can help them achieve their goals.”
This innovative collaboration is anticipated to set a new standard in the dental advisory sector, empowering practitioners with the tools and knowledge necessary to thrive in an increasingly competitive marketplace.
With DentyVal, Catapult Crown and KRG aim to transform the landscape of dental practice valuations, providing professionals with a reliable means to assess their worth and prepare for potential sales. The launch of this service reflects a growing recognition of the need for comprehensive support within the dental community, especially as more practitioners consider selling their practices in light of shifting market dynamics.
As the dental industry continues to evolve, this strategic partnership is poised to offer significant benefits, equipping dentists with the necessary resources to make informed decisions and successfully transition their practices when the time comes. For more information, please visit catapultcrown.com and kingsransomgroup.com.