Dentist building portfolio
Clyde Munro seals two deals and on hunt for more
Jim Hall: seeking deals
Scotland’s largest dental group Clyde Munro has acquired two practices in the past week and has a further 10 in the final stages of being added to the portfolio.
The Glasgow-based practice has added Sandgate Dentistry in Ayr and Grays Dental Practice in Cambuslang and remains on the lookout for more deals.
It is inviting approaches from principal dentists looking either for an exit or for an opportunity to focus on their clinical work.
Kirsty Dace, chief development officer, said: “We’ve had numerous enquiries during lockdown with many dentists disillusioned as a result of the last year.
“Some are yearning to get back to focusing on their patients. The stresses of running a practice – and all the paperwork and protocols that come with it – have only been compounded by Covid.”
Since being founded by Jim Hall in 2015 Clyde Munro has enjoyed rapid growth with the initial acquisition of seven practices and the backing of private equity firm Synova Capital and Investec Bank.
It now comprises 42 practices across Scotland, with more than 200 dentists, 350 staff and 300,000 patients.