UK’s largest dental corporate grows again
Oasis buys Apex for an undisclosed sum
Dental corporate Oasis Healthcare has consolidated its position as the UK’s largest provider of private dental services, with the acquisition of the Apex Dental Care group.
The deal, which follows hot on the heels of the group’s purchase of Smiles Dental in April, will increase the company’s turnover by 40 per cent from £160 million to more than £225m.
Apex was founded in 2007 and has grown to include 31 practices across England. Following the deal, Oasis now has more than 200 practices in England, Wales and Northern Ireland, but none in Scotland. Justin Ash, CEO at Oasis Healthcare Group, said: “We are delighted to welcome the Apex team to Oasis. Both companies share the same commitment to providing high quality, easily accessible dental care and have developed a patient-led culture.
“Adding both Apex and Smiles to the Oasis portfolio rapidly transforms the size and scope of Oasis and underlines the rapid progress we are making in building a strong, trusted and customer focused dental brand in a fragmented market. Our ambitions for growth do not stop here and we have a strong pipeline of acquisitions and new builds.”
Ben Chaing, CEO at Apex Dental said: “We are pleased that Oasis will be taking forward the Apex practices and teams. Following initial discussions with the Oasis team it soon became apparent that we shared the same vision for how the dental market should evolve. By combining Apex’s dental practices with Oasis the group will be well placed to continue improving the breadth and quality of our service to patients with the benefit of an expanded network and an even stronger clinical support team.”