Paradigm Oral Surgery Acquisition, Valuation, Funding & Investors

Paradigm Oral Surgery was acquired by BlackRock for $900M in September 2022.

Paradigm Oral Surgery acquisition price

$900M

Acquired by BlackRock · Sep 2022

Paradigm Oral Surgery EBITDA multiple at acquisition

14.1x

EV/EBITDA · Sep 2022

Key investors in Paradigm Oral Surgery

  • Warburg Pincus
  • Goldman Sachs Asset Management
  • Sixth Street

Paradigm Oral Surgery Overview

About Paradigm Oral Surgery

Paradigm Oral Health is a Scottsdale, Arizona-headquartered network of oral surgery practices specializing in dental implants and full-mouth reconstructions. It employs board-certified surgeons trained on proprietary digital workflows for guided surgery and 3D planning using Nobel Biocare and Straumann systems. Centers in Phoenix and surrounding areas handle wisdom teeth extractions, bone grafting, and sedation dentistry. Established in 2015, the group partners with referring general dentists across Arizona for same-day procedures.


Founded

2019

HQ

United StatesLincoln, NE

Status

Acquired

Customer focus

B2C

Revenue model

Services

Valuation

$900M (acquired Sep 2022)

Paradigm Oral Surgery Acquisition

Paradigm Oral Surgery was acquired by BlackRock for $900M on 22 September 2022.

The acquisition price implies a 14.1x EBITDA multiple.

Paradigm Oral Health, a leading oral surgery and digital dentistry platform founded in 2018 and based in Lincoln, Nebraska, was acquired by BlackRock Long Term Private Capital (LTPC) from InTandem Capital Partners and other shareholders in a deal announced September 22, 2022, and closed November 16, 2022. Under InTandem's ownership since 2019, Paradigm expanded from four locations in two states to 75 facilities across 24 states, partnering with over 100 surgeons providing oral health care and dental implant surgery, led by CEO David Rallis. The transaction, advised by Houlihan Lokey, valued the company north of $900 million for a majority stake, concluding a competitive sale process where BlackRock's offer topped finalists including Partners Group. BlackRock LTPC, a direct private equity strategy making control-focused investments over $500 million in North America and Western Europe, plans to partner with Paradigm's management to support further expansion and growth leveraging advanced technology, clinical care, and surgeon training. The deal highlights oral surgery's appeal due to market fragmentation, growth runway, higher margins than general dental service organizations, and scarcity of large platforms; it marks one of few secondary PE transactions in the sector. Sources indicate $64 million EBITDA was marketed, with bidders underwriting $50-55 million implying high teens multiple.

Paradigm Oral Surgery acquisition details
AcquirerDateTypePriceEV/EBITDA
22 Sep 2022PE buyout$900M14.1x

Paradigm Oral Surgery Funding History

Paradigm Oral Surgery has raised 1 funding round.

Paradigm Oral Surgery funding rounds
DateStageInvestors
Jul 2026Undisclosed stageWarburg Pincus (lead); Sixth Street; Goldman Sachs Asset Management

Who has invested in Paradigm Oral Surgery?

3 investors have backed Paradigm Oral Surgery across its funding rounds, including Warburg Pincus, Goldman Sachs Asset Management and Sixth Street.

Lead investors include Warburg Pincus.


Paradigm Oral Surgery Investors

Investors in Paradigm Oral Surgery by funding rounds participated
InvestorHQRoundsRoleFirst check
Sixth StreetUnited StatesSan Francisco, CA1ParticipantJul 2026

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Paradigm Oral Surgery Competitors

Paradigm Oral Surgery competitors include listed companies like Shanghai Haohai and LifeTech Scientific, and private ones like Synchron, ZD Medtech, Ankon Medical Technologies and AcuityMD.

Public and private companies comparable to Paradigm Oral Surgery
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SynchronUnited StatesNew York City, NYPrivate--$900M-
ZD MedtechChinaShanghaiPrivate--$900M-
Shanghai HaohaiChinaChinaPublicly listed$365M$59M$889M1.8x
Ankon Medical TechnologiesChinaWuhanPrivate--$870M-
AcuityMDUnited StatesBoston, MAPrivate--$955M-
LifeTech ScientificChinaChinaPublicly listed$204M$37M$771M-

Paradigm Oral Surgery Public Comps

Paradigm Oral Surgery is no longer listed, but its public comps include Infracore, Shanghai Haohai, MedicalSystem Technology, Mani Inc., Bioventus, CeriBell, InMode, Kuros Biosciences, Al Hammadi Holding and Advanced Medical Solutions Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Infracore$29K-33943.9x---
Shanghai Haohai$365M$59M1.7x1.8x10.6x10.1x
MedicalSystem Technology$45M$12M18.9x15.6x70.7x62.9x
Mani Inc.$193M$60M4.0x3.6x12.9x9.7x
Bioventus$568M$99M2.0x1.9x11.4x9.4x
CeriBell$89M($50M)9.6x7.9x(17.0x)(14.2x)
InMode$370M$86M0.9x0.9x4.0x4.4x
Kuros Biosciences$146M$9M5.7x4.4x96.7x35.1x

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Common questions about Paradigm Oral Surgery

When was Paradigm Oral Surgery founded?Paradigm Oral Surgery was founded in 2019.
Where is Paradigm Oral Surgery headquartered?Paradigm Oral Surgery is headquartered in Lincoln, NE, United States.
Is Paradigm Oral Surgery publicly listed?No, Paradigm Oral Surgery was acquired by BlackRock in September 2022.
Who acquired Paradigm Oral Surgery?Paradigm Oral Surgery was acquired by BlackRock in September 2022.
How much was Paradigm Oral Surgery acquired for?Paradigm Oral Surgery was acquired for $900M in September 2022.
What was Paradigm Oral Surgery's last funding round?Paradigm Oral Surgery's last funding round was a undisclosed-stage round in July 2026, led by Warburg Pincus.
Who are Paradigm Oral Surgery's investors?Paradigm Oral Surgery's investors include Sixth Street, Warburg Pincus and Goldman Sachs Asset Management.
Which companies are comparable to Paradigm Oral Surgery?Companies comparable to Paradigm Oral Surgery include Synchron, ZD Medtech, Shanghai Haohai, Ankon Medical Technologies, AcuityMD and LifeTech Scientific.

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