Successful Glasgow dental practice sold to expanding local group
Specialist business property adviser, Christie & Co, has announced the sale of Springburn Dental Care in Glasgow.
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Springburn Dental Care is a four-surgery mixed-income dental business in the suburb of Springburn, approximately two miles north of Glasgow city centre.
Shortly after it was established in 2018 by David Kennedy, the practice gained an excellent clinical reputation and saw patients joining from across Glasgow, Lanarkshire, Edinburgh, Oban, and the Highlands. It continues to grow at an extraordinary rate and currently operates with four Dentists and a Dental Therapist.
Following a confidential sales process with Kevin Strain at Christie & Co, the practice has been purchased by Gareth McMorrow and Paul McAllister, experienced multi-site operators who own Lansdowne Dental Care in the west end of Glasgow, tooth + in Stirling, and Machan Dental Care in Larkhall.
Dave Kennedy, the former owner of Springburn Dental Care, comments, “I’m incredibly proud of what Springburn Dental Care has become since starting the practice as a squat in 2019. Building it from the ground up has been a hugely rewarding journey, and I’m delighted to be handing it over to Gareth McMorrow and Paul McAllister. They share the same values around patient care and team culture, and I have no doubt they’ll continue to grow the practice and take it to the next level.”
Gareth McMorrow and Paul McAllister, the new owners, comment, “We are delighted to have completed the purchase of Springburn Dental Care. The practice has an excellent reputation within the local community and offers a strong mixed-income model that aligns well with our existing portfolio. Springburn represents a great opportunity to build on solid foundations, support the existing team, and continue delivering high-quality patient care. We look forward to investing in the practice and becoming part of the Springburn community.”
Kevin Strain, Senior Business Agent - Dental at Christie & Co, comments, “I am delighted to have acted on behalf of Dave Kennedy in the sale of Springburn Dental Care, a well-run practice, located just outside Glasgow, which attracted strong demand at closing. What was once a price point typically accessible only to corporates is now within reach of independent buyers, and it was truly encouraging to see such robust interest, as we received five bids at the closing date with four coming from independent buyers. I wish the very best of luck to Gareth McMorrow and Paul McAllister with the purchase of their new practice.”
Springburn Dental Care was sold for an undisclosed price.
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