February 2014

  • Client : Barbican Dental Care
  • Activity : Dentistry
  • Sector : Healthcare
  • Acquired by: BUPA
  • Transaction Type:

What our clients say

  • Thank you so much for your efforts and teamwork in selling RPS! Your approach and process was vital to our successful sale of the Company. In particular, the initiation of a excellent and professional process enabled us to get the actual sales process launched and resourced effectively, which facilitated the smooth initiation of selling discussions in a thorough...

    Adrienne MacMillan | CFO Rapidscan Pharm Solutions Inc
  • The Cavendish Team, led by Michael Jewell, did an excellent job managing a well-orchestrated auction process and ensuring the smooth closing of the transaction in a timely manner. They were professional and easy to deal with throughout and committed to achieving a successful outcome for the...

    Rhian Griffith | Representative of the Shareholders at SG Court
  • ‘The Cavendish team were of great assistance throughout the sale process and in particular finding us the most fitting acquirer, helped by their strong networks in healthcare and their understanding of the oral care...

    Richard Benholt | Managing Director of Periproducts
  • At this critical stage in the business it has been important that we make all of the right decisions along the way and appointing Cavendish was one of these key decisions. We have worked with very professional and motivated individuals in Anya, Fiona, Jonathan and Duncan on various stages of the process. We look forward to working with the Cavendish team again as our business develops toward our...

    Julian Shovlin | Founder and CEO of iSmash
  • “Cavendish were a fantastic partner for World First throughout the investment process. We were impressed with their knowledge, level of service and professionalism and we are very excited about working with FTV to realise our growth...

    Neil Sikka | Founder Barbican Dental Care
  • “Gordon and Mike have built a strong relationship with the shareholders over the last three years, helping us to identify the right potential strategic partner and clearly articulating the strategic...

    Alan Cheshire | Former Chairman and a Founding Shareholder of Polar Speed
  • Cavendish were a great adviser throughout the process. They knew how to handle whatever situation occurred and the team were a total pleasure to work with. Thanks to their involvement, we drew a successful conclusion to the deal....

    Alex Farrel | Managing Director of The IT Job Board
  • “I wanted to express my personal thanks to you for all your efforts in achieving a successful sale of Yorktest. I never knew how stressful and complex the sale process could be. I really do appreciate your finding a good deal in quite difficult...

    John Graham|Former Chairman of Yorktest
  • “Cavendish’s Exit Review allowed us to align and mobilize all stakeholders on the key priorities that have the most impact on valuation over a 6-18 month period – a very valuable...

    Terry Lee|Chairman, SENAD

Cavendish Corporate Finance is delighted to announce the sale of Barbican Dental Care to Bupa, the UK-based international healthcare group. Barbican Dental Care is a specialist corporate dental business, offering affordable private dental care and corporate dental plans to firms based in the City, West End and Canary Wharf. The 24 surgeries operate from nine sites providing general, specialist and cosmetic dentistry.

The deal meets Bupa Dental Services’ desire to acquire high-quality private practices based in locations that are convenient for corporate and business centres.

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.”

Bupa plans to become one of the UK’s biggest chains of private dentists.

Gordon Hamilton, the Cavendish partner who led the sale commented:

“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 his constant focus on the provision of high quality private dental services in state of the art facilities.”

Gordon further noted:

“The UK dental market is highly fragmented and growing steadily, especially the private pay market, which is estimated to account for 60% of the UK market. Corporate owners still only represent 10% of the market and we expect to see more consolidation in the sector.”

Speaking about the deal, Neil Sikka commented:

“Gordon Hamilton from Cavendish assisted us throughout the whole process. His expertise in the healthcare market was invaluable in enabling us to understand the needs and requirements of potential buyers. In addition , he showed patience and flexibility at all times, supporting our decisions and using his experience to guide us. He was always happy to have those “difficult conversations” with the other side which sometimes occur during the transaction. Having explored the market thoroughly , I believe Cavendish are the leading adviser for SME’s in the UK. The fact that they choose to work with you only adds to your credibility when talking to prospective buyers.

Key Contacts

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