Investec Growth & Leveraged Finance has been working with Dentex since 2018 and will continue to support both Dentex and Universal Partners. DC Partners advised on the transaction and brought in Apera alongside Investec, the incumbent lender.
Dentex is a rapidly growing co-ownership dental business in which principals become shareholders in the group. It provides dentists with clinical freedom and growth incentives making them aligned in the growth of their practice and the group. Since launching just over three years ago, the group has grown to 72 dental practices, with another 15 in due diligence.
Investec’s Stephen White commented:
“We’re proud to be continuing to work with Dentex as the group scales. Dentex has ambitious growth expectations, and by scaling up our support, we’re able to support them throughout their journey.”
Justin Rodrigues, UPL:
“Investec has been a funding partner of ours for the past year, and we have really appreciated their willingness to provide further debt funding as Dentex has delivered its business plan and emerged as one of the fastest growing dental corporates in the UK. We have really enjoyed working with Investec and Apera to implement a new debt funding solution that supports Dentex’s growth strategy.”
Barry Lanesman, Dentex’s CEO:
“Dentex acquired its first practice three years ago and has now grown to 72 practices with a further 15 in due diligence. This growth would not have been possible without the continued support of our shareholders and debt providers. The funding solution from Investec and Apera provides an excellent platform for our next stage of growth as we continue to work with our growing number of dentist partners to create the dental corporate of choice in the UK"
For more information, please contact:
Luke O’Mahony, Investec (Public Relations)
020 7597 5261
luke.omahony@investec.co.uk
Fatima Ismat, Lansons (PR agency for Investec CIB)
020 7566 9709
FatimaI@lansons.com
Investec Corporate and Investment Banking
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