Dental duo reveal £20 million investment plan
Dr Amarjit Gill has teamed up with a seasoned dental entrepreneur to create a group of dental practices in the North of England.
The duo have initial financial backing to invest up to £20 million in an existing dental group – and would even be open to approaches from an alliance of individual practices looking to merge into one entity.
The pair have ambitious expansion plans to create a network of practices in the North of England and see great potential to establish a regional cluster.
They will then use their considerable business acumen and dental expertise to relieve the current owners of the increasing burden of bureaucracy and low staff morale, allowing them the breathing space to perform better clinically.
They also have plans to streamline the practices and ultimately increase the proportion of turnover derived from more sought-after ‘lifestyle’ treatments.
In 2010 Dr Amarjit Gill, BDS MFGDP was voted one of the top five most influential dentists in the UK by the readers of Dentistry magazine and, in 2011, relinquished the mantle of the British Dental Association’s presidency after a year at helm.
His business partner is leaving Dr Gill to front the bid, but is the ex-Chief Executive of a successful dental corporate. Between them they have the business acumen, the influence and the funds to establish a new style of dental practice and help dentists do what they do best.
Amarjit says: ‘We are going public with our search as we feel there must be a number of practices and groups who are looking for a strategy to grow, but so far have not found the right route.
‘Selling to a major corporate is not necessarily right for everyone and the loss of identity and control is only attractive if the Principals are considering leaving the profession.
‘By contrast we are initially looking for a group of practices with a turnover above £10 million who looking for a way to expand and to leverage an investment to build on their success.’
Interested practices can contact Amarjit Gill by contacting him directly by email – [email protected] – to set up an exploratory meeting.