MB2 Dental announces impressive results of its first half of
2024 business performance
DALLAS, July 23,
2024 /PRNewswire/ -- MB2 Dental, the
fastest-growing dental group in North
America, today announced impressive results of its first
half of 2024 business performance. From the start of the year on
Jan. 1, 2024, through June 30, 2024, MB2 Dental has demonstrated
continued growth in all facets of the business including organic
growth, new partnerships, practice expansions and de novos.
Midyear Highlights:
- Total practices: 700+
- Total practice owners: 700+
- Total doctors: 1,500+
- Total patients served: More than 1.2 million
- Total employees: 10,500+
- Total states: 42
- New states added in 2024: South Carolina,
Vermont, West Virginia
Executive Commentary
"Looking at our mid-year numbers, it's clear that our unwavering
commitment to preserving the integrity of private practice and
empowering our doctor partners is paying off," said MB2 Dental CEO
and Founder, Dr. Chris Steven
Villanueva. "But what excites our team isn't just our
expansion – it's that we're staying true to our mission. We're
keeping the unique, hyper-local private-practice model alive and
well across the nation by partnering with leading doctors who are
as committed to thriving as we are."
Other Notable 2024 Events
In February 2024, MB2 Dental closed
a $2.3 billion unitranche debt
financing arrangement, adding funding power for future acquisitions
and growth. This credit facility allows the company to nimbly
pursue strategic opportunities and enhance its operations.
To support its increasing network of doctor partners and
practices, the company continues to grow its footprint both in
terms of facilities and central services headcount. In early 2024,
MB2 added a second 16,000-square-foot building and has plans to add
a third 16,280-square-foot location to its Carrollton, Texas headquarters.
MB2 Dental expanded its impressive list of regional and
national business awards for excellence, entrepreneurship, and
merger and acquisition achievements. MB2 Dental also placed on
Inc.'s Regionals 2024: Southwest list for privately held
for-profit and independent companies—its first appearance
there.
Philanthropy and Giving
MB2 Dental remains committed to its philanthropic efforts to
complement its core values. This includes:
- MB2 Dental's seventh-annual Dental Jamaica Mission Trip served
more than 350 patients receiving over 500 dental procedures, such
as extractions, restorative treatments, fillings, and cleanings
performed. This hallmark event focuses on underserved communities
with no regular access to dental services in Jamaica.
- The MB2 Family Foundation, the official 501(c)(3) charitable
organization of MB2 Dental, launched a scholarship program for
college student-aged children of MB2 Dental and its affiliated
practice employees. The Foundation will offer $1,000 scholarships
to 15 deserving students for the fall 2024 semester.
"As we look to the future – we will remain intentional about our
growth and partner with the best doctors in the country who share
our collective values. MB2 Dental is stronger than ever, and we are
poised for sustained growth and success in the years ahead," added
Dr. Villanueva.
About MB2 Dental
Dallas-based MB2 Dental is a
first-of-its-kind dental partnership organization (DPO) founded and
led by dentist and entrepreneur Dr. Chris
Steven Villanueva. The Company empowers dentists to preserve
their profession by ensuring clinical autonomy and providing
resources and support to its doctor owners. Since its founding in
2007, MB2 has partnered with more than 700 general and specialty
dental practices across 42 states.
Press Contact:
Press
9728693789
https://mb2dental.com/
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SOURCE MB2 Dental