Clyde Munro acquisitions collect tempo with extra in pipeline
THE LARGEST solely Scottish dental group now has greater than 500,000 sufferers below its care and can quickly safe its 70th apply following a spate of acquisitions.
Because the begin of the 12 months various dental practices from all through Scotland have joined Clyde Munro Dental Group, taking it to 69 practices and greater than 200 dentists and 500 employees.
Early into 2022 the Glasgow enterprise snapped up dental practices in Bathgate, Balerno and Maybole, whereas within the final quarter it has acquired in Dunfermline, Oban, Arbroath, Paisley, Thurso, Inverness, Glasgow and Edinburgh.
Having launched in 2015 with simply seven practices, roughly one in 11 Scots are actually sufferers inside its community.
Kirsty Dace, Chief Growth Officer at Clyde Munro, mentioned: “It has been a really busy first half of 2022 with a mean of three practices becoming a member of the group in every month.
“It’s a dynamic we hope will proceed into the second half of the 12 months and we’re on the verge of concluding various additional acquisitions.
“Our said ambition is to turn into Scotland’s ‘native dentist’ and we’ll proceed to search for alternatives the place well-established dental apply homeowners are on the lookout for a well timed exit, or might wish to ease the executive necessities of working a demanding enterprise.
“We’re dedicated to delivering excellent requirements in affected person care in Scotland and with a couple of third of our dental practices positioned exterior of Scotland’s predominant cities that dedication extends equally to rural communities because it does to massive centres of inhabitants.”
Banking and wealth administration specialist, Investec, supplied an additional £25 million of funding in February to assist Clyde Munro’s formidable progress technique.
The group has launched varied initiatives to turn into Scotland’s environmentally pleasant dentist, together with switching all practices to a renewable vitality supplier, switching its fleet of autos to electrical automobiles, eradicating plastic cups and enrolling in dental waste recycling schemes. It goals to be web zero by 2030.
For extra info on Clyde Munro Dental Group, please go to: https://clydemunrodental.com/