The £9.6 billion UK Dental market is a sector presenting opportunities for growth both in the NHS and private dentistry context (Mintel 2016).
The sector is characterised by a fragmented market dominated by independent dental ownership with 90% of the UK’s 13,815 dental practices being owner-managed businesses.
The market benefits from an ageing population, increased dental health expectations and the increasing public understanding of the importance of good dental hygiene. In terms of market opportunity 40% of the UK population do not visit the dentist on a regular basis and a proportion have never visited a dentist.
As the UK economy has strengthened, the sector has observed an increasing demand for high-value cosmetic dentistry e.g. dental implants, facial aesthetics, tooth whitening etc. Learn More.
Despite the challenges around NHS dental contracts, BREXIT and availability for Dental professionals – the market fundamentals for the Dental sector are, on the whole, positive. Over the last decade the market has seen some ‘encroachment’ by a handful of Private Equity backed corporate consolidators. The consolidation trend in the UK dentistry market is expected to continue over the long term, involving:
- existing corporate groups continuing to expand
- new corporate groups with new private equity backing
- the rise, growth and importance of regional/ local players Learn More
Who should attend the seminar?
- Practice owners wishing to expand
- Practice owners wishing to sell or to succession plan
- Practice owners wanting to be more profitable
- Associate Dentists/ Dentists wishing to buy and invest into a practice. Learn More
Independent dental businesses face a number of fundamental choices:
- Do they grow their business?
- How do they grow – organically or by merger & acquisition?
- Is it the right time to sell the practice? If so what are the options and processes?
- How do you improve the profitability & efficiency of your existing business?
- How do we fund these various strategic options as well as managing the accompanying risks?
The purpose of this seminar series is to examine the strategic options available to Dental practice owners and understand the respective implications.For your benefit, we will have experts in corporate finance, law, financial planning and capitation plans addressing the seminar.
The seminars are FREE to attend providing you have booked online, however there will be a £40 fee charge for non-attendance (the fee will be donated to National Autistic Society charity).
Principal Director, ProPractices
Owen is a Chartered Accountant and an experienced private equity and corporate finance professional. After Deloitte, where he developed his specialisation, he was headhunted by the leading private equity business 3i becoming an Investment Director.Read More
Sales and Marketing Director, DPAS
Nigel Jones is Sales and Marketing Director at DPAS and Practice Plan, the UK’s leading providers of practice-branded dental plans. He first began helping dentists convert from the NHS to private care in 1990, and has supported the development of successful private practices throughout the majority of his 27-year career.Read More
Financial Planning Adviser, Brewin Dolphin
Greg Tait is a respected Financial Adviser and has worked in financial services for almost 20 years focussing on financial planning. Greg possesses specific knowledge of the medical sector to include providing expert advice on NHS Pensions.Read More
Senior Associate, Acuity Legal
Jon is a Senior Associate and heads up Acuity Legal’s dental team. He advises clients on all commercial and corporate aspects of dentistry including in the purchase and sale of practices, NHS contracts and incorporations.Read More
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