Dentistry M&A transactions drop 27% year-over-year

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There were 51 dental transactions during the third quarter of 2026, accounting for 49% of all physician medical group mergers and acquisitions. 

Deal volume in dentistry in the third quarter decreased by 7% compared to the second quarter of 2026 and 27% from the third quarter of 2025, according to an Oct. 19 news release from Levin Associates.

DSOs accounted for 30 deals, including 16 transactions made by private equity-backed DSOs.

Scottsdale, Ariz.-based Imagen Dental Partners and Effingham, Ill.-based Heartland Dental were among the most active organizations in the quarter, with five and four completed transactions, respectively, the release said. 

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