5 things you need to know about the dental M&A market!

Here at Dental Elite, we want to keep the dental sector up-to-date on all the latest information.

As such, we’re delighted to share 5 positive things that have been happening in the dental mergers and acquisitions (M&A) market so far this year!

The team have been registering, on average, around 15 new buyers per week. For independent dentists looking to acquire their first or second dental practice, this is good news as the market is still strong for these sorts of acquisitions

The NHS sector has certainly fared the worst over the past few years, however, it’s not all bad news! We’ve recently agreed deals for two big NHS practices in the £600,000 range at multiples of 7.3x EBITDA

For those seeking private and/or mixed practices, the market is still strong. Practices are being agreed at multiples of around 8x EBITDA

Excitingly, new corporate buyers are entering the market, with familiar faces like mydentist re-joining too and agreeing deals. Todays Dentist Dental Group UK has agreed 3 deals this year so far – Real Good Dental Company is also migrating down South to England and to Ireland, which will maximise competition

We’re seeing that interest rates are stabilising where they’re at currently – what a relief! The effects of this will be felt across the UK, increasing confidence for those wishing to acquire or sell

The team here at Dental Elite will continue to keep an eye on the market as the year progresses – but we’re pleased to report some good news. The dental sector is incredibly resilient, and for those looking to sell or buy, now is the time.

In the meantime, get in touch if you have any questions or would like to find out more.

“My experience using the service has been exceptional. I would rate the service 5 out of 5 Ted Johnston was the person dealing with the sale. He was committed, supportive and gave, what I felt was 150% to get the practice sold. I cannot speak too highly of him. I would definitely use the service again and most definitely recommend others to use Dental Elite.”

Dawn Pickering

“We were very happy with the service received from Dental Elite. I would rate the service we received as a 5 out of 5. Everyone I dealt with over the long process from start to finish was very helpful and friendly. Because it was a long process, we had several people helping us at various stages, all were fantastic. Without a doubt, I would use Dental Elite’s services again.”

Jacqui Setters

"From the very start Dental Elite was nothing but professional, friendly and efficient. Lottie, Nick, and the rest of the team have helped and supported us every single step of the way. Our sale proved to be challenging, however, we could always rely on the whole team to get us past the finish line. Thank you Dental Elite. You have been amazing!"

Lenka Wong

"Tommy was extremely helpful and knowledgeable throughout the entire finance application process. He guided us step by step, provided clear explanations, and ensured that we understood all our options. I highly recommend Tommy to anyone in need of financial assistance. Thank you, Tommy!"

Mahyar Bettany

“My experience working with Phil and Carl was very positive, they were both professional, helpful and knowledgeable. They gave me the ultimate confidence from the get-go, which is definitely what you need when you’ve got someone managing the sale. “I certainly would recommend Dental Elite's services to others – They were excellent!”

Michelle Bates

“I have tried to sell my practice before and never really liked how other brokers approached me as a client, but when I spoke with Julie Randle I had a gut feeling that she was the right person to sell my practice. Dental Elite found me the right buyer who would approach dentistry the way I do. Selling your practice can be a very stressful process and I absolutely relied on Julie, especially when there were major renegotiations. I can’t praise Dental Elite highly enough, right from initial valuation to doing viewings and through to completion they were absolutely excellent. I would heartily recommend Dental Elite to others.”

Mike Elrich

"Excellent service. Very efficient and great/prompt communication. I would highly recommend Luke Shelton!"

Rushin Patel

"We used the services of DE finance to buy a practice. Luke Shelton was very helpful. He knew the whole process, was very pro active, quick with communications to resolve things. He also got us the best market rate at very favourable terms which wasn't available in the open market. Thanks Luke"

Saleem Mulla

“We chose Dental Elite after we initially had the practice on sale with another agent who had overvalued the practice. I worked with Phil Kolodynski then Carl Wetton. They were both highly professional and helped guide us through the sales process.”

Stephen Potter