Dental Market Update: Chelmsford dental practice sold through Pluto Partners
Specialist healthcare business advisors Pluto Partners has proudly announced the sale of Advance Dental Clinic to Dentex Health, marking their 81st practice sale.
Advance Dental Clinic is a highly reputable private dental practice in the heart of Essex, promoting a comfortable and relaxing environment with the latest high-tech equipment, with focus on high-quality dental treatments, cosmetic dentistry, orthodontics, periodontics and implantology.
Former owner Dr Andrew Moore said: “When Max and I met it was clear that he was the right person for the job. At the time I had offers from buyers who approached me directly. He explained to me his ideas and what the process would have been and kept me updated step by step.
“He did what he said he would do; in fact, he exceeded expectations and maximised the value by over 30% more than the initial offers. A friendly and professional negotiator. Thanks Max!”
Max Bazzucchini (www.plutopartners.co.uk/team), Pluto Partners Founder & Partner, commented: “I’m very pleased to see that our professional relationship with dental groups like Dentex Health has once again successfully achieved a positive outcome for all involved.
“Advance Dental is one of the best dental practices in the UK and it was a genuine pleasure to act for Andy Moore in the sale of Advance Dental. Pluto Partners were instructed to provide a confidential sale in the summer of 2020.
“We worked on a well-prepared data and sales information brochure with not just current and historic company information but also forecasts and financial modelling around synergies and growth – as through synergies and economy of scale, available businesses are worth differing amounts to different buyers.
“Our detailed preparation process ensured optimum positioning of the business to maximise value and accelerate the entire selling journey.”
The team at Pluto Partners once again offer congratulations to Andy, to Dentex Health on their latest acquisition, to the legal teams – Russell Abrahams of Abrahams Dresden who expertly handled the selling legal team and Niz Khatun and team at Charles Russell Speechlys - and a mention to Prav Solanki of Fresh UK https://www.thefreshuk.com/ who professionally supported the development and the evolution of Advance over the years.
Please visit www.plutopartners.co.uk/selling to book your confidential and non-committal dental practice valuation