The Hindley Group, L.L.C., provides dental practice business consulting and transition services throughout the Southwest. Our clients range from dentists in small, rural practices to big-city practices with annual revenues well over $1 million to the largest dental practice in the world, the U.S. Army Dental Corps. THG has expertise in dental practice appraisals, practice purchase and sales, associate/partner search, contract negotiation, and closing documentation. Dental practice transition services provided include negotiation of associate and partnership contracts as well as practice mergers and reformations.
THG assists clients searching for associate dentists who will ultimately acquire a partnership interest in their practice. Other clients are looking forward to retirement and seek our assistance in a “walk-away sale.” We also provide practice management consulting services, including cash management and practice budgets, capital expenditure analysis and recommendations, practice reorganization, debt restructuring, creditor negotiation, and litigation support.
L. Norton Hindley is one of the most experienced and respected dental practice transition specialists in the Southwest. Building on his more than 25 years assisting dentists in the appraisal, purchase, and sale of dental practices, Norton works tirelessly to effect seamless practice transitions. He provides sensitive representation to practice sellers and purchasers and is highly regarded for his ability to handle the more difficult practice transitions, including situations involving disability, unexpected death, serious illness, or forced retirement. In addition, graduating dentists from all over the country rely on Norton’s well-developed network to help them find associate opportunities in Texas dental practices.
Norton also provides practice management consultation to assist dentists in maximizing profitability in the delivery of dental treatment. By assessing practice income and expenses, he helps dentists identify steps toward an increased profit margin. Dentists respond by shifting their thinking from dentist-clinician to dental business owner.
L. Norton Hindley III, A.S.A.
Norton graduated from the University of Southern California with a BBA in Economics in 1967. He is certified by the American Society of Appraisers as an Accredited Senior Appraiser in business valuations. He is also a Certified Financial Planner and a Chartered Life Underwriter. Norton teaches graduate seminars at the UTHSC--Houston, UTHSC--San Antonio, and the University of New Mexico on "First and Second Stage Practice Options after Dental School." Presentations to dental professionals include a seminar in North Carolina hosted by Royal Bank of Canada and Rouse, C.P.A., where Norton addressed "Exit Strategies for Million-Dollar-Plus Practices...Other than Selling Out to a DMSO." Norton's expertise was solicited for the BVR Guide to Valuing Dental Practices, published in October 2011. His chapter is entitled "The Value of a Dental Practice."
Norton’s education, specialized training, and years of experience as an entrepreneur have given him a clear understanding of the challenges facing dental professionals as owners of small businesses. He takes the time to explain to clients that, in addition to their focus on being dental healthcare providers, they must also give time and attention to their roles as Chief Executive Officer, Chief Financial Officer, and Vice President of Human Resources.