The UK dental sector witnessed a monumental transaction that has undoubtedly set the benchmark for future business collaborations.
The merger between the Queensway Group and Dentex serves as a prime example of strategic growth and vision within the arena of dental business.
Queensway Group's rise to prominence in the dental world is a blend of foresight, ambition, and pursuit of excellence. Founded by Paul Averley in 1994, this promising Newcastle University dental graduate's initiative has transformed from a single practice in Billingham into a dental empire.
With a strategic presence at eight locations and housing over 40 surgeries in the North East, Queensway Group's dominance in the UK's dental sector is indisputable. Its vast range of offerings encompasses premier private dental and skincare treatments, both private and NHS oral surgery and orthodontics, and a state-of-the-art, full-service digital laboratory.
Always on the lookout for avenues of growth and evolution, Queensway Group began its search for an investment partner who shared its vision and ambition. This search was not merely for financial augmentation but for a synergetic growth trajectory.
The market's response was nothing short of overwhelming, and we facilitated bids from over 30 esteemed operational and financial entities.
In the end, Dentex emerged as the perfect partner. The alliance between Queensway and Dentex is not just a business transaction; it's a coming together of shared goals, values, and aspirations for the future.
Navigating the intricacies of such a landmark deal required more than just expertise. It demanded coordination, mutual trust, and a deep understanding of the market dynamics. Our brokerage and consultancy teams were at the forefront of this transaction.
Their combined acumen in understanding market insights, providing strategic guidance, and hands-on transactional knowledge not only fine-tuned our approach but also accentuated our distinctive positioning in the market. This collaborative effort was instrumental in ensuring a prosperous outcome for our clients.
The acquisition of Queensway Group by Dentex is more than just a business deal. It is a testament to what visionary leadership, strategic collaboration, and expert guidance can achieve.
As the North East of England continues to be a centre of dental innovation and growth, this transaction will undoubtedly be referenced as a landmark moment in its evolving narrative. It contradicts some of the negative rhetoric around mergers and acquisitions activity in the sector and underpins the strength and resilience of the UK dental market, with demand still strong for quality dental businesses that are accurately priced.
if you are interested in selling or buying a practice, or for further information about the market itself, please email paul.graham@christie.com or call 07739 876 621.
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Landmark deal showcases market opportunities. BDJ In Pract 36, 39 (2023). https://doi.org/10.1038/s41404-023-2251-z
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DOI: https://doi.org/10.1038/s41404-023-2251-z