Bupa snaps up London corporate dental chain

From Health Investor

Bupa snaps up London corporate dental chain

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Bupa has expanded its reach into the UK dental market with the acquisition of Barbican Dental Care, for an undisclosed sum.
Barbican Dental Care is a specialist corporate dental business, providing private dental care and corporate dental plans to firms based in the City of London, the West End and Canary Wharf.  The chain operates 24 surgeries from nine sites across the capital.
The acquisition is in keeping with Bupa’s announcement in July 2012 that it planned to become one of the largest private dental chains in the UK by 2015.
Neil Sikka, who founded Barbican Dental Care in 1992, said: “I am very excited about the opportunity to grow the business within Bupa Dental Services and look forward to working with Bupa on the initial integration and subsequent expansion of their dental services.”

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Gordon Hamilton of Cavendish Corporate Finance  advised Barbican Dental Care on the sale. Deloitte acted for Bupa.
“Barbican Dental Care’s unique business-to-business service proposition and high quality, well-run private surgeries generated significant interest. Neil has successfully developed the business through the constant focus of providing high quality private dental services in state-of-the-art facilities,” said Hamilton.

Related articles:
Bupa moves into supermarket dental clinics
Bupa sells £500m of hybrid bonds

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