MB2 Dental had a two-year revenue growth of 168%. The average growth rate of companies on the list was 154%.
DALLAS, March 15, 2022 /PRNewswire/ — Inc. magazine today revealed that MB2 Dental is No. 68 on its third annual Inc. 5000 Regionals Southwest list, the most prestigious ranking of the fastest-growing private companies based in Arizona, New Mexico, Oklahoma, and Texas. This regional list represents a unique look at the most successful companies within the Southwest region. MB2 Dental is No. 18 on the list among those in the Dallas-Fort Worth area.
In February, MB2 Dental celebrated its 15-year anniversary and the closing of its 400th affiliated practice. Up until 2017, MB2’s growth was 100 percent funded by its doctor partners. MB2 partnered with private equity firms, recapitalizing in 2017 and again in 2021. The financial backing combined with the shared vision that doctors should be kept in control has fueled tremendous growth for the organization.
MB2’s model combines the most valued aspects of private practice and traditional dental support organizations. What makes the company unique is its first-of-its-kind joint venture model, which allows doctors to earn through multiple revenue streams and reinvest in the parent company while keeping their original branding and 100 percent control.
“It’s an honor to be recognized by Inc. for our growth achievements over the last two years. We look forward to continuing being a partner that doctors can feel confident in and trust their life’s work with,” said Dr. Villanueva.
The companies on this list show a remarkable growth rate across all industries in the Southwest region. Between 2018 and 2020, these 141 private companies had an average growth rate of 154 percent, and, in 2020 alone, they added 10,563 jobs and nearly $10.9 billion to the Southwest region’s economy. Companies based in Scottsdale, Arizona, and Austin and Fort Worth, Texas, had the highest overall growth rate. This is MB2’s second time…