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
Investec CIB is a division of Investec Bank plc, an international corporate and investment bank working with growth-orientated companies, institutions and private equity funds. Our people set us apart – empowered, straightforward and invested in our clients’ long-term success. We provide capital solutions, advice and ideas, along with bespoke investment solutions and access to capital markets. Founded in 1974, The Investec Group has grown successfully through its client focussed approach and its ability to serve diverse and evolving financial needs.

 

This press release is issued on behalf of Investec Bank plc. Registered address: 30 Gresham Street, London, EC2V 7QP. (Reg No. 489604).  Investec Corporate and Investment Banking is a brand name of Investec Bank plc, which is a member of the London Stock Exchange.

 

Investec Bank plc (Reg. no. 489604) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.