Partly Cloudy

Partly Cloudy

max temp: 8°C

min temp: 4°C

ESTD 1874 Search

Essex: Birketts advises The Dental Directory on its acquisition by Integrated Dental Holdings

15:38 05 June 2014

Birketts partner Rafael Ruiz.

Birketts partner Rafael Ruiz.

Archant

Dental supplies business The Dental Directory has been acquired for an undisclosed sum by Integrated Dental Holdings (IDH), one the the UK’s largest corporate dental services providers.

The Dental Directory, which was advised on the sale by regional law firm Birketts and accountants and business advisers Grant Thornton, has been providing a range of dental products and services to dentists across the UK for more than 40 years.

It has nearly 300 employees based a four sites around the country, including a central logistics base at Witham.

Birketts’ Chelmsford office partner, Rafael Ruiz, who led the firm’s team on the transaction, said: “This was a complex and high value transaction, with challenging timescales, requiring resources from a number of teams across the firm.

“I’m pleased that we met those challenges, and I look forward to following the growth and future success of The Dental Directory in its next chapter, as a part of the IDH Group.”

Steve White, corporate finance director at Grant Thornton, who advised the seller on financial aspects of the transaction, added: “Rafael and his team were instrumental in delivering an outstanding deal against a demanding timetable, offering pragmatic and commercial advice to resolve issues.”

Martin Mills, managing director at The Dental Directory, said: “A transaction of this size and complexity was always going to be challenging in the timescale demanded.

“The group of companies involved had to be re-structured within a regulatory environment with many supplier and client contracts to be analysed and considered in a very short period.

“I am most impressed with the professionalism and resource application of Birketts and without the dedication of their team the deal would not have happened in the timescale.

“It is always comforting in a pressured situation such as this that you can just make a call and there is always someone there to help and advise. I would like to thank Raf and his team for getting the deal away.”

Terry Scicluna, chief executive of IDH said: “Dental Directory is a well-established business delivering clear benefits to its customers and suppliers.

“The existing management team, which will continue to lead the business, has done a great job of delivering strong business performance and customer service.

“As part of the Dental Buying Group (dbg), we will have a comprehensive integrated consumables and service support structure in the UK for dental practices. We look forward to building on this in the future and further improving the quality of service provided to both Dental Directory and dbg businesses’ customers and members.”

Search hundreds of local jobs at Jobs24

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

The Suffolk Coastal District Council offices at Melton Hill have been sold for re-development, subject to planning permission being granted

Former Suffolk Coastal District Council, Melton Hill offices are sold for re-development

Becky Sebright-King, owner of Lady Bakewell Park, at the launch of Small Business Saturday 2016.

As the Christmas shopping season gets into full swing, it’s more important than ever to support our local traders.

The Octagon  in Colchester, where travel management company Gray Dawes is based.

Essex-based travel management group Gray Dawes is to double in size following the simultaneous completion of two acquisitions.

The Rev Jemma Sander-Heys pulls a pint of Lacons Christmas beer, St Nicks.
Photo: Lacons Brewery

Regional drinks supplier Lacons has hosted is annual Winter Gathering to mark the launch of St Nick’s, its craft ale brewed specially for the festive season.

Go Ape tree-top adventure. Picture: GO APE.

Outdoor adventure firm Go Ape has picked up a national award in recognition of rapid growth which has seen it expand across the country.

Management Jobs

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24