Oasis Dental, a UK dentistry group that serves an equal mix of NHS and private patients, has raised an undisclosed amount of private equity funding from Partners Group and Duke Street.
PRESS RELEASE
Partners Group, the global private markets investment manager, continues to identify a significant number of attractive investment opportunities in the current market environment and has amongst others recently closed a direct investment in Oasis Dental on behalf of its clients together with its investment partner Duke Street. The additional capital will back the growth plans pursued by Oasis Dental in the expanding UK dental market.
Oasis Dental is active in a market that is changing rapidly and is ideally positioned to capitalize on these changes as the only privately-owned dentistry group serving an equal mix of NHS and private patients. The company’s management was replaced shortly after Duke Streets initial investment, with the new team possessing significant buy and build experience in the NHS-facing markets in the UK. Oasis is poised for growth with a number of acquisition targets as well as NHS new builds.
Christoph Rubeli, Partner in the Private Equity Directs team, comments “Together with our investment partner Duke Street we aim to (i) grow the company’s footprint through both acquisitions of established practices and greenfield openings on the back of NHS contracts, (ii) improve patient experience and brand awareness on the back of a an extensive refurbishment program, and (iii) further improve the work environment for practicing dentists. All these activities should enable the company to position itself as a clear market leader in its segment.”