We’ve all heard that dentistry is “recession resistant,” but what does that actually mean we should or should not invest in during economic downturns and why? This membership call will explore the economic, venture capital, and price equity perspectives on alternative investment strategies that take advantage of this economic environment. Learn more about:
- The economic levers at play (bargaining power, inflation, and more),
- Venture opportunities (valuation discounts and competitive terms), and;
- Private equity trends (consolidation, acquisitions, and technology automation).
A data driven analysis and playbook will be provided for DSO’s and their executives and doctors to adapt to their personal and professional investment strategies. Brought to you by Revere Partners.
ABOUT THE SPEAKER
Jeremy N. Krell, DMD, MBA
Managing Partner at Revere Partners
Jeremy is a general dentist with a combined business background. He is the Managing Partner of Revere Partners, the first independent Venture Capital fund focused on oral health. Jeremy previously built out the Barchester Bay Group, a portfolio consisting of over 35 ventures. Jeremy has held key operator roles at startups including Head of Marketing and Chief Dental Officer at Simplifeye (which raised $27m Series A in 2021), based in NYC, and the Chief Marketing Officer of Verena Solutions, based in Chicago. He oversaw provider and clinical growth initiatives at quip (which raised $100m Series B in 2021), the oral health and subscription electric toothbrush company and strategic provider innovation and development at Oscar Health (which had an IPO in 2021). Jeremy has practiced general dentistry part-time for nearly a decade following his DMD at Tufts, sits on the Boards of healthcare and dental startups, and is an angel investor in approximately 30 companies. Jeremy has a 18+ year proven track record with startups through several successful multi-million dollar fundraises and acquisitions. Jeremy started his career with three web and graphic design startups and moved into a luxury goods and commodity venture, DormAid, for college students. He later founded a venture incubator, CEO in A Box, following his MBA at Chicago Booth. Jeremy received The President’s Volunteer Service Lifetime Achievement Award from President Joe Biden, Crain’s Notable in Health Care, Top 100 Healthcare Visionaries award from IFAH USA, Top 100 Doctors from the Global Summits Institute for his commitment to oral health innovation, and 40 under 40 awards from Incisal Edge and YJP.
Dr. Roshan Parikh
President & CEO, dntl bar
Dr. Ro is a proud graduate from the University of Illinois at Chicago (UIC) – College of Dentistry. In addition to his DDS degree, he also obtained a Master’s in Business Administration (MBA) from Loyola University with dual emphases in finance and marketing. He later capitalized on the opportunity to utilize all three when he purchased his first practice in the south suburbs of Chicago in 2008, where (despite a historically difficult period in the country’s economy) he led the practice on an exponential growth path from three employees operating in 650 square feet of space into a 35+ network of multi-specialty dental group practices with over 100 dentists and dental specialists. In 2019, Dr. Ro founded the dental consulting firm DSO Strategy, LLC, which was created to help entrepreneurial dentists strategize a growth plan for their dental group practices that would transform each not only into a thriving DSO, but also an investable platform for institutional capital. He also serves as a key advisor to multiple private-equity funds as well as banks.
Dr. Ro is perhaps most known for his last role as Head of Dentistry for Walmart. Walmart Health is a set of revolutionary multi-modality healthcare centers that include primary medicine and dentistry. Dr. Ro’s strategy and multiunit healthcare services experience have been paramount to Walmart in helping align and re-align the strategy and expansion of Walmart Health, now in 4 states. After the successful completion of building a scalable model and plan for Walmart Health, Dr. Ro recently stepped away to join an early-stage New York City startup, dntl bar, proudly serving as its President and Chief Executive Officer. An emerging tech-enabled DSO with 5 locations currently, Dr. Ro looks to further their success and improve upon an NPS score that is already at an 85, while continuing to emphasize high-quality convenient patient care.
ADSO Monthly Membership calls feature short presentations and Q&A on timely topics from DSO thought leaders, academics, and industry partners. Call topics and information about registering for these calls will be announced in advance. Monthly Membership calls are free, but to attend you must be an employee of a member company in good standing and you must register for each call you plan to attend. You can register up until the time the call begins. After registering, you will receive a confirmation email containing information about joining the meeting.
