From Adam Bratland, CEO and Co-Founder:
My brother, Dr. Michael Bratland – Crisdental, hired me in 2011 to help him grow and manage his dental practices. When I came on board, he had three practices. His main practice, where he provided, was in Roseburg OR. The other two practices were in Eugene and Springfield, OR. I had no previous experience in the dental world, but I learned a tremendous amount while we built Crisdental into a very profitable 10-office practice. Although I didn’t appreciate the “trial by fire” method of my training, I can’t say that there was another option at the time. My primary roles at Crisdental were practice acquisition, advertising director, dentist recruiter, and general practice management. I learned a tremendous amount about almost all facets of the dental industry. Most notably, how to purchase a practice in a manner that was fair for both buyer and seller. I spent a considerable amount of time talking with brokers, sellers, and bankers so that I would be notified and ready when a good potential practice was going to hit the market. If it’s one thing that sticks with me when it comes to practice acquisitions is that regardless of whether you’re buying one practice or multiple practices, the process requires thoughtfulness and strategy. No one wants to make a bad purchase (I.e. a practice with unforeseen negative elements that are detrimental to success) and no one wants to lose out when trying to buy a great practice.
In 2018 we sold to a large DSO and I became a dental seller’s broker in the states of Oregon and Washington with Consani Associates. It was the most natural career transition I have made in my life and the best part is that I truly enjoy working with buyers and sellers in dental transitions.
I decided to offer nationwide buyer services in 2022 after realizing that most dental buyers I encounter need an expert to walk them through the process. I have to admit that the intial process is overwhelming (loan preapproval, selecting a city and community to practice and live in, how to talk to brokers and buyers, what types of practices to look for, practice profit and expense analysis, employee detail reports, and much much more! It’s vitally important that buyers create a good team to support them and walk them through the transition. You can only make your first purchase one time in your life (hopefully you only need to buy one practice) so why not do it right?
I believe that dental accountants and dental attorneys are great team members for a practice buyer, but I don’t believe they should be the primary source for deciding whether a practice is the right fit or not. There are so many factors involved in finding the right practice (scope of treatment, personalities of buyer and sellers, equipment, location, employee personalities and details, lease rate, etc) that I believe a buyer is best served by a consultant who was worked in dental offices, purchasing practices, recruited dentists and hygienists, and was responsible for the profitability of those practices.
I sincerely believe that my agency and I are the best team members you can hire to help you find and purchase the ideal practice.
Adam Bratland
CEO and Co-Founder
Dental Buyers Agency
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