Talks in progress
Clyde Munro Dental Group aiming to double by end of year
Jim Hall: ‘we’ve come a long way’
Clyde Munro Dental Group is on target to double in size this year by adding a further 24 practices across Scotland.
Since being launched in 2015 the group has grown quickly, adding four practices in the past month alone meaning and currently operating 26.
Jim Hall, founder and chief executive, said: “The feedback we hear continually is that dentists love the idea of an entirely Scotland-based and Scottish-focused dental group.
“While we’ve come a long way already, we currently have another 19 practices on heads of terms and in discussions with a number of others. We are confident that they will also be part of our group by the end of the year.”
Clyde Munro was launched by entrepreneur Mr Hall, who co-founded investment firm, Kelvin Capital. After buying over the seven-strong practices which made up the Clyde Group, he rebranded and refocused the business, raising an initial £20m in funding.
As well as being backed by both private equity firm Synova Captial and Investec Bank, the firm also has industry heavyweight Steve Duncan as its Chairman. During a distinguished career, Mr Duncan was the executive chairman of Alliance Boots’ health and beauty division.
Former Bupa executive Kirsty Dace was recently appointed a director, along with Scottish dentist Dr Jacqui Frederick as group clinical director.
Mr Hall added: “We are Scotland-based, we have a distinctly Scottish team and we are not looking outside of Scotland. That absolutely sets us apart from the competition.”
Mr Hall added: “There are up to 700 practices in Scotland which might fit the bill for joining Clyde Munro, so the scope for continued growth is outstanding.
“However, we will not become a ‘one size fits all’ corporate. We will continue to do what is right for each practice, each team and each community. Indeed, that’s one reason why we don’t rebrand practices or force them to change name.”