Lydian Dental

Mobile dental clinics providing onsite dentistry to large employers


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Lydian Dental: Fast Facts

Lydian Dental Mobile Holdings, LLC (“Lydian Dental”) is an innovative dental model bringing beautifully designed mobile dental clinics to large employers across the country. The mobile dentistry model is disrupting the dental industry by providing onsite dental services to large employers, thereby reaching a larger patient base and lowering the overall healthcare costs of the employers.

Utilizing some of the country’s top design and manufacturing firms, we have built 2 mobile clinics to date that are modern, spacious, and replicate the feel of a high-end brick-and-mortar clinic.  Our clinics provide a comprehensive array of procedures including same-day crowns, fillings, cleanings, x-rays, root canals, Invisalign, and more.

To facilitate its growth, Lydian Dental has entered into a letter of intent to acquire New Avenue Dentistry (“New Avenue”) from Dr. Michael Fooshee. New Avenue is a mobile dental platform in DFW with a large base of committed employer customers and a nearly 3-year track record of success. Following the acquisition of New Avenue, Dr. Fooshee will serve as the CEO of Lydian Dental.

       

Principles from Argenta Partners are investing in and facilitating a capital raise by Argenta Lydian Mobile Holdings, LLC for an investment to capitalize Lydian Dental. The proceeds of the capital raise will be used to acquire New Avenue, fund the construction of current and future mobile units and support the corporate infrastructure of Lydian Dental.


Overwhelming Problem

More than half of Americans do not visit a dentist on a regular basis. One of the leading reasons that people do not see the dentist is because of a lack of convenience.

Not visiting the dentist can not only lead to poor oral health, but to many systemic health problems such as increased risk of diabetes, heart disease, and cancer.  Poor oral health is not only bad for consumers but for employers as well.  Employees with dental disease cause their companies to have higher medical costs and decreased productivity.

Traction & Accomplishments



One Remarkable Solution

Lydian Dental provides a revolutionary solution for large employers across the country by bringing best-in-class mobile clinics to their doorstep.

Lydian Dental’s clinics provide an ultra-convenient solution to provide dental care to a portion of the population that has traditionally not visited the dentist. Lydian Dental’s service comes at no additional cost or administrative burden to employers and will ultimately allow them to lower their healthcare costs and increase employee productivity.


How We Do It


Ready To Thrive

Lydian Dental has already secured equity investments from a key chapter of one of the nation's largest dental insurance companies, and have substantial interest from others.

They recognize the value that Lydian Dental’s onsite solution can provide to their customers, and see Lydian Dental’s service as an effective way for them to attract and retain their customers.

They have already introduced Lydian Dental to their customers in multiple states, and they are serving as a significant sponsor of our business development efforts.


Built For Success
Strong DFW Foundation

Lydian Dental intends to acquire New Avenue Dentistry, a mobile dental business with nearly 3 years of profitable operating history serving large companies in the DFW area.  New Avenue has agreements in place to service approximately 50,000 employees in the DFW market.  Given that New Avenue currently has one mobile clinic, which can only serve approximately 10,000 employees, we believe there is significant excess demand for more mobile clinics to serve these customers.

In order to serve this excess demand, Lydian Dental intends to use the proceeds of this offering to deliver two brand-new mobile clinics to serve two major DFW employers with a combined total of 18,000 employees.  In addition to these 2 new clinics, we plan to roll out multiple additional mobile clinics in the DFW market later this year and to deliver a new unit to Phoenix, AZ as part of our partnership with a major dental insurer.


Lydian Dental’s Unique Service

The principals believe that several factors make Lydian Dental’s mobile clinics unique while creating a compelling value proposition for its investors.

Lydian Dental has placed considerable time and attention in creating a physical space that is spacious, efficient, and beautifully designed.  Our clinics have received national recognition for their design.  This design has enabled a patient experience that is second to none.

Lydian Dental’s mobile clinics offer a comprehensive array of dental services including same-day crowns, fillings, cleanings, x-rays, extractions, root canals, veneers, and Invisalign. Many competing mobile clinic models only offer hygiene services or very limited restorative (i.e., doctor performed) procedures.

Lydian Dental is a doctor-led organization that maintains a doctor-centric culture, which is a critical element in allowing it to attract and retain the best providers.

Lydian Dental’s management team possesses more than 3 decades of experience operating and scaling various dental models. 


Traction & Accomplishments


Meet The Team

Dr. Michael Fooshee
Chief Executive Officer

  • Founded New Avenue Dentistry in 2017 in DFW market
  • Has more than a decade of experience working in a wide range of dental business models including fee‐for‐service private practices, insurance-driven corporate dental models, and large fee‐for‐service multi‐doctor private practices
  • Built and operated multiple designs of mobile clinics and tested multiple staffing models in order to determine the most optimal delivery model for mobile dental care
  • Graduate of the University of Oklahoma College of Dentistry

Azar Zaidi
Chief Operations Officer

  • More than 17 years experience in the dental and retail healthcare industries
  • Founded Turn Around Management Group to advise independent private dental practices
  • Served as Managing Partner at The Levin Group, a national dental practice consulting firm
  • Worked for 5 years at Pacific Dental Services where he helped lead the market development and specialties division
  • Regularly advises private equity firms on transactions within the dental service organization industry
  • Graduate of the University of Texas at Austin (BS and MBA)

Clayton Nylander
CHIEF STRATEGY OFFICER

  • Co-founder of Lydian Dental 
  • More than 5 years of operations and management experience within the dental industry
  • Previously a consultant at Bain & Co. where he worked extensively within the firm's Private Equity Group, performing due diligence on private equity transactions and advising on various M&A transactions
  • Extensive operational experience leading companies through performance improvement and strategy transformation projects
  • Graduate of Harvard Business School

Disclaimer Regarding Forecast and Projections

Certain of the facts, information, forecasts etc., in this introductory primer are based on industry trends, circumstances involving clients and other factors, and they involve risks, variables and uncertainties.

Lydian Dental Mobile Holdings LLC’s actual performance results may differ from those projected in this Interim Financial Results. Consequently, no guarantee is presented or implied as to the accuracy of specific forecasts, projections or predictive statements contained herein.

No investment will be accepted before the investor’s receipt of the complete “Confidential Investment Memorandum.”

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