Helping a business achieve its growth ambitions
Scottish family dentist, Clyde Munro, partnered with Investec to help with its growth journey. With tailored financing and a partner ready to support and challenge, it’s now the biggest and fastest-growing dental group in Scotland.
Keep readingClyde Munro is a network of family dentists in Scotland. Each practice reflects on the needs and character of its community, and shares an ethos to provide great dental care for NHS and private patients alike.
With a hard-working team and a clear vision, Clyde Munro has partnered with Investec since 2016 to support its ambitious progression plans.
Since supporting the business with a bespoke acquisition facility at the time, Investec has provided two follow-on financings. The most recent was a further £10m at the end of 2020 to drive Clyde Munro’s prospects forward.
As a result, Clyde Munro is now the biggest, most successful and fastest-growing dental group in Scotland. From its first acquisition in 2015, it has grown into a group of 50 dental practices across the length and breadth of Scotland.
“We will double in size again in the next two years and we are delighted to have Investec as a partner to strengthen us in this amazing journey,” says Jim Hall, Clyde Munro’s CEO. “Investec created the solution specifically for us. It was tailored to both our short- and long-term needs. The flexibility of the solution means it can grow with us and adapt based on our requirements and evolution.”
"We will double in size again in the next two years and we are delighted to have Investec as a partner to strengthen us in this amazing journey"
Also according to Jim, business is all about people and relationships, and the Investec team fit well with Clyde Munro's values. “The board and senior management of Clyde Munro see Investec as a partner, a true team member that is there to support, as well as challenge and who is ultimately on our side and helps us deliver our business plan.”
Kirsty Dace, Chief Development Officer at Clyde Munro, agrees: “Investec often goes above and beyond with its support. For example, putting us in touch with property buyers or advisors who offer feedback on our deal structures. The team also mobilises quickly to ensure that we can complete deals within a very short timescale, something which is a massive help when we are moving so quickly.”
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