Dental beauty partners achieve 50-practice milestone following rapid acquisitions
Growing dental practice Dental Beauty Partners is celebrating success after adding its 50th practice to its portfolio with the help of Midlands law firm Shakespeare Martineau.
The milestone comes hot off the heels of a trio of mixed dental practice acquisitions across Streatham, Teddington and Clapham, taking the group’s run rate turnover to more than £100 million.
Since 2015, the group has grown from a single site in Swanley to 50 practices across the UK, with more than 1,000 colleagues supporting 65,000 patients, including NHS patients.
With a compound annual growth rate of 73 per cent, the group is going from strength to strength and has recently launched its new orthodontics offering.
Dev Patel, CEO of Dental Beauty Partners, said: “Reaching 50 practices is a huge milestone for us, and we couldn’t be more excited about the future.
“These acquisitions are a testament to our unique partnership model, where each practice is managed by a dentist who has invested in the practice.
“2024 has been an extraordinary year for us as a group, and we are thrilled to be making a difference in the smiles of so many members of the community; not only have we delivered 100 per cent of our NHS contracts, but we’ve also consistently significantly grown the private revenue in each site while maintaining an average 4.8 Google review rating across all sites.”
The company’s acquisition strategy, which focuses on partnering with dentists to manage each new practice, has been integral to its rapid expansion.
This model aligns the interests of the practice’s management with the group’s overall growth goals, ensuring each practice thrives under local leadership while benefiting from the broader resources of the Dental Beauty Partners group.
Gemma Tyson, partner at Shakespeare Martineau who led the trio of recent acquisitions, said: “It’s been a privilege to work with Dental Beauty Partners since they had just one practice.
“Their growth has been impressive and the way they’ve structured their acquisitions—with each practice having a dedicated dentist partner—has proven to be a key factor in their success.
“This model not only encourages growth but also addresses recruitment challenges that many practices face. We look forward to continuing our partnership with them as they scale their operations even further.”
Also in the Shakespeare Martineau legal team were corporate lawyer Louise McDonald and commercial property experts Edward Moffat and Desh Patel.
Hazelwoods carried out financial due diligence and provided financial and tax-based advice.