Master DDS One. Enrollment open through Dec 31, 2026.
A premium valuation on your terms.
Transfer ownership of your practice to your associates and employees for a 10x exit, on your timeline, with full clinical autonomy and zero outside shareholders.
Why this. Why now.
What corporate built
Rolled-up practices, buried in debt.
Private equity spent a decade rolling up dental practices with financial engineering and aggressive leverage. Today, many of those platforms are sitting on heavy debt, thin margins, and quotas that quietly reshape clinical decisions. The promised exit became someone else's exit.
What the Alliance built back
A doctor-owned ESOP, on doctor terms.
Master DDS One is a doctor-owned ESOP platform that uses bank debt and tax strategy to reach the same kind of valuation, with no corporate oversight and no outside shareholders. You keep the chair, the staff, the standard of care. You also get the multiple.
Independent validation
Validated by CSG Partners.
CSG Partners, the nation's largest ESOP investment banking practice (450+ transactions, $35B enterprise value), reviewed Master DDS One modeled at 100 practices.
Weighted Multiple
10.6x
Blended EBITDA, DCF plus market comps
Enterprise Value
$438M
Mid-case at full enrollment
Projected Tax Savings
$180M
Cumulative through 2036 vs a non-ESOP structure
The staged exit
49% of the company sells to the ESOP at the first recapitalization, targeted for September 2027. The remaining 51% sells roughly four years later. After the second recap, the company elects S Corp status and becomes permanently federal tax-free as a 100% ESOP-owned S Corp. Projected accumulated capital reaches $431M by 2042.
Source: CSG Partners preliminary ESOP analysis for Master DDS One, modeled at 100 participating practices. Figures are projections subject to final valuation, market conditions, and bank financing terms.
Three steps. From practice to ownership.
01
You enroll your practice.
Keep full clinical independence. Existing practice debt is absorbed at the first recapitalization.
02
100 practices recapitalize together.
The platform is valued at approximately 10.6x EBITDA. Doctors and staff become the owners.
03
It belongs to you.
100% owned by you and your employees. Free and clear. No outside shareholders, ever.
Same chair. Different math.
Master DDS One enrollment path.
Jul to Dec 2026
Enrollment Period
Dec 31, 2026
Enrollment Cutoff
Jan to Mar 2027
Preparation
Apr to Sep 2027
Capital Raise and Close
Target first recap Sept 30, 2027
~2030
Second Recap and S Corp Election
~2035
Debt Retired
Succession, built in.
The Student Loan Repayment Program is how the next-generation successor gets recruited into your practice. Independent owners sponsor a young dentist's debt, the dentist commits to a multi-year path inside the practice, and by the time the first recap closes you have a successor who already knows your chair, your team, and your patients.
See the student debt programAll figures are projections, not guarantees, and are subject to final valuation, market conditions, and financing. Nothing on this page is an offer to sell or a solicitation to buy any security. Master DDS One participation is available only to qualified practices through definitive documents and subject to applicable securities laws. Consult your own legal, tax, and financial advisors.