Southern Dental and Apex up for sale

From Health Investor

Two dental firms up for sale

8325717-for-sale-real-estate-signTwo dental businesses, Southern Dental and Apex, have been put up for sale, according to Financial News.
Rothschild has been mandated to run the sale process for Southern Dental, a chain of practices based in the south of England. It has been reported this business could be sold for as much as £50 million.
KPMG has been appointed as sale advisors for Apex, a smaller firm than Southern Dental, with ebitda reported to be in the region of £2 million to £3 million.

Those familiar with the situation believe the businesses are likely to attract interest from mid-market private equity firms.
Earlier this year Bridgepoint acquired Oasis Healthcare from Duke Street for £185 million. Duke Street paid £77 million to delist the business from the London Stock Exchange in 2007.

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One Response

  1. Thanks Alun, interesting post – the EBITDA multiple is interesting!

    Like

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