07 December 2017 | Dental Practices

Christie & Co sells Avsan holdings to Bupa Dental Care

​Specialist business property adviser, Christie & Co has brokered the sale of Avsan Holdings Limited, a privately-owned dental group to Bupa Dental Care.

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Established over 30 years ago, Avsan is made up of 16 practices which are spread across Scotland and England. Bupa Dental Care is continuing to expand and currently has over 460 dental practices across the UK and Ireland. 

Avron Smith, Avsan Founder & Owner said: “It’s been a privilege and joy growing Avsan over the past 30 years. With a great management team and a fantastic group of clinicians and support teams, we have created a dynamic dental group committed to cutting edge dentistry and the highest standards of patient care, and I know that in the Avsan group of practices joining Bupa, our loyal patients across the UK will continue to benefit from quality oral healthcare for years to come.”

David Hynam, Bupa UK CEO said at the time of the announcement: “This is another significant step in the expansion of Bupa Dental Care and the delivery of our dental strategy. We continue to makes great strides to grow our dental services and offer our customers consistently high standards of care in over 450 practices. I’d like to welcome the Avsan team to Bupa Dental Care. We have a shared commitment to focus on providing high quality care, using the latest technology in a local practice.”

Simon Hughes, Managing Director of Christie & Co’s Dental team comments, “We were approached by Avron Smith of Avsan to value the group, position it for sale, negotiate terms and project manage the transaction, working with his  management team. Having acquired Oasis Dental Care in February  and with money to invest, Bupa was a natural choice of buyer. 

“The deal demonstrates the appetite in the market for well run, profitable small and mid-sized groups. There are a number of other groups weighing up options for 2018 and we will undoubtedly see further consolidation at the middle to top end of the sector.”