In one of the largest transactions of the year to date, specialist dental adviser Christie + Co has sold six dental practices based in the East Midlands operating as Jordan Dental.
Jordan Dental is a progressive and well run group of predominantly NHS practices in excellent locations in Nottingham, Derby and Mansfield. The portfolio has been sold to {my}dentist, the largest corporate operator in the UK. The price was undisclosed.
Acting for the Jordan family, Christie + Co undertook a confidential marketing process from which {my}dentist was chosen as the preferred bidder. Clare Emery, Senior Associate at specialist solicitors Harrison Clark Rickerbys acted for the vendors.
Simon Hughes, Director and Head of Medical at Christie + Co comments: “I am delighted that Christie + Co was chosen to act for Dave Jordan in the sale of his business. He took advantage of strong market conditions and we were able to agree and conclude terms much more quickly than can often be the case with NHS practice sales. We wish {my}dentist the very best with their acquisition which gives them a significant and quality presence in the Nottingham dental sector.”
Dave Jordan of Jordan Dental comments: "It was a pleasure working with Christie & Co, the team showed great understanding of our needs and guided us through the difficult decision to sell something that we had worked so hard to build from scratch. I wish the team at {my}dentist every success in the future and trust that the group will continue to flourish as part of a much bigger operation."
Robert Pilling, Director of Acquisitions at {my}dentist adds: “I am delighted with the acquisition of the Jordan Dental Group and look forward to working with the practice teams over the coming months and year ahead. I would also like to extend my thanks to the Jordan family on choosing to sell to {my}dentist and also to the Christie + Co team who supported the acquisition process in a very professional manner.”