
Colorado Practice Transition Planning Seminar - BUYERS
Colorado Dental Association
Friday, February 7, 2025
1:00 PM - 4:00 PM
Location: 8301 East Prentice Avenue Greenwood Village, Colorado 80111
A COMPREHENSIVE LOOK AT THE CURRENT MARKET OF BUYING A PRACTICE PRESENTED BY INDUSTRY EXPERTS
This event is for dentists who are considering buying a practice in the near future. In this course, you will learn about the legal, financial, logistical, and emotional aspects of buying a dental practice. Our team of experts will lecture and conduct Q&A sessions on the following topics:
– What to expect: The sequence of a dental practice transition
– Steps to purchasing a practice
– “Value vs. Price”
– The importance of Purchase Price Allocation
– 4 Keys of Bank Lending for Practice Acquisitions: Loan to Gross Ratio (How much the borrower can get), Liquidity (How much lenders like to see in “reserves” for a borrower), Production (How lenders make sure that the new owner will hit the ground running), Cash Flow (What it means and how it is calculated)
– Legal issues regarding buying a dental practice, including non-competes, tax structures and allocation, and liabilities
– Real estate issues that must be addressed
The seminar fee is being offered for free – paid by sponsors – for a limited time! Reserve your spot today.
Includes 3.0 hours of instruction, refreshments, and course materials for you and your spouse. Parking is free and available on-site.
We encourage all attendees to bring their spouses.
SCHEDULE
- 12:30 pm Check-in
- 1:00 pm Seminar begins
- 3:30 pm Questions and wrap-up by 4:00 pm
SPEAKERS
Kevin Brady, Omni Practice Group – Kevin Brady joined Omni Practice Group in 2019 to provide his over 30 years of knowledge and expertise in the dental industry. He will be leading the Omni Practice Group Seminar in Colorado. Also, Kevin is a licensed Colorado dental broker and commercial real estate agent.
Matt Kroeker SVP, Regional Business Development Officer, Bank of America – Matt is the Regional Sales Manager for Bank of America Practice Solutions for Colorado and Wyoming, helping our doctors start or acquire a practice, purchase real estate or equipment, and evaluate a practice’s overall financial health. Matt has been with Bank of America since 2011 in various roles of leadership, real estate lending, and medical lending. Matt is a two-time Pinnacle Club aware winner. Matt currently resides in Aurora, CO, with his wife Sarah, his son’s Bryce and Brady, and daughter Kinley. In his free time they keep him busy with sports and other activities.
Josh Austin, Attorney, Mastin Bergstrom – Mr. Austin specializes in business acquisitions and management, with particular emphasis on the dental, veterinarian, and vision fields. Mr. Austin assists with entity formation choices, negotiating and drafting purchase agreements, non-competes, employment agreements, and independent contractor agreements for all types of business entities. Mr. Austin is known as one of the top Colorado attorneys representing dentists, veterinarians, optometrists, and other professionals based on his extensive experience. He regularly speaks before dental and veterinary groups providing instruction on the business aspects of their practices.