London, 28 February 2019: Dentist partnership group, Dentex has secured an additional £10 million of growth equity from its shareholders, led by Universal Partners Limited.
Since its inception in
2016, Dentex has already raised approximately £45 million in equity, supporting
the company’s growth through acquisition and continued investment in patient
The unique dentistry
business model is based on partnering with principal dentists who become
shareholders within the group. It
provides partnering practices with expert business management support; helping
to grow dentists’ individual practices whilst enabling them to retain clinical
control over their own business.
The partnership-based model
is also focused on continued investment in patient care through the sharing of
knowledge and skills, first-class training and specialist mentoring
opportunities; providing dentists with an excellent platform to deliver the
highest clinical standards.
“Dentex now has a network
of over 100 dentists looking after thousands of patients and is about to
partner with its 50th practice in just over two years, making it one
of the fastest growing dental corporates”, explains the company’s chief
executive, Barry Lanesman. “We have
created value for all our shareholders within the group and capital providers
have been encouraged by the delivery of consistent organic and acquisitive
growth which has highlighted the benefits of a new partnership-based dental
platform in which all stakeholders are aligned and motivated to build a
The additional capital
illustrates shareholder confidence in a model that facilitates the delivery of
best-in-class care to a growing patient base.