Specialist business property adviser, Christie & Co, has announced a partnership between two dental practices – Brough Dental Studio and Grimsby Dental Studio in East Yorkshire – and Dentex.
Brough Dental Studio is the largest referral practice in East Yorkshire. It is based in the small town of Brough near to Kingston upon Hull and provides dental referral services to the local community for implants, endodontics, restorative, periodontics, and oral surgery.
Grimsby Dental Studio is the sister practice based in Grimsby. This is a large general practice with a great local reputation and has been providing good quality dental care for several decades. The practices combined have exceptional mixed income with a total of nine surgeries between them.
Principals Dr. Jason Spence and Dr. Christopher Maher are excited to be partnering with Dentex, which will enable them to focus on delivering first-class clinical treatment to their patients and to step back from some of the more stressful aspects of practice ownership.
Chris Lekkas, Partnership & Acquisition Manager at Dentex, comments, “We are delighted to have Jason Spence and Christopher Maher partner up with Dentex. Individually they are experts in Implants and Endodontics at Brough Dental Studio and Grimsby Dental Studio, both excellent practices to join the Dentex family.”
Dr. Christopher Maher comments, “We are absolutely thrilled to be joining the Dentex team, the whole Dentex organisation is built around a like-minded group of dentists who help and support each other. The structure allows us to retain control while stepping back from some of the more laborious aspects of running and manging a dental practice which have become increasingly stressful over the past few years. Dentex has teams of experts in the background providing first class managerial infrastructure in HR, compliance, legal, IT etc which will allow Jason and me more time to focus on the bit we really care about, patient care and family life.”
Tom Morley, Senior Business Agent at Christie & Co, who handled the transaction, comments, “It was an absolute pleasure to work on this project with Chris and Jason, and the brilliant team at Dentex. The practices in Brough and Grimsby represent a key acquisition in a targeted growth area for Dentex. This further demonstrates high demand for quality practices in the region.”
Legal representation for the seller was provided by Jonathan Hill and Jonathan Tyson at Knights plc.
Brough Dental Studio and Grimsby Dental Studio were acquired for an undisclosed sum.