Bridgepoint buys Oasis Healthcare

Wed, 03 Apr 2013 | BUSINESS SALE

The Oasis Healthcare business has been bought by private equity group Bridgepoint in a deal worth around £185 million.

Oasis is the biggest provider of private dental care in Britain and operates more than 200 practices around the UK, with around 800 dentists and a total of some 2,000 staff.

Bridgepoint is buying the firm from Duke Street Capital, which delisted the firm from AIM in 2007. Duke will maintain a minority stake in the business in return for a portion of the proceeds.

Justin Ash, chief executive at Oasis, explained that a sizeable amount of the price tag will be put towards the purchase of more practices. Mr Ash told the Times: “We have a good pipeline of independents [dental practices] that are looking to merge with us and become part of a bigger operation.”

Oasis has already been following an acquisition strategy of its own. Last year it bought up three new practices at the cost of around £1.7 million. But the company is hoping to set up some new practices as well as buying existing properties, particularly in the London area.

Mr Ash explained that the industry is split between NHS and private patients, with around 60 per cent of Oasis's business made up of NHS contracts. However, he added that the private side of the business is also steadily growing.

The business was initially put up for sale by Duke Street Capital last June with a price tag mooted of around £250 million. The drop in price is a sign of changes in the market but Bridgepoint's acquisition looks set to propel Oasis to a faster rate of growth through acquisitions.

The dental market itself is worth in the region of £7 billion, with corporate operators controlling around 10 per cent and the remainder accounted for by independent operators.
Related articles:
Why you need an acquisition plan
How to achieve business growth in a recession

Share this article

Latest Businesses for Sale

Contemporary Bar & Bistro
Lancashire, UK Wide

The business for sale is a highly contemporary bar and bistro serving an array of high quality, locally sourced and freshly prepared food and drinks with a great environment. Great reputation in the area for food and live music. Has built up a reliab...

Asking Price: £99,950
Turnover: £450,000


Commercial Cleaning Company
Berkshire, UK Wide

Leading cleaning company in area. High-quality contracts and clientele. All equipment included in the sale. Well-established. Company has an excellent retention rate with a valuable team of staff. Huge scope for growth. The business is now for sale o...

Asking Price: £180,000
Turnover: £436,428


Online Strapping Retailer
Devon, UK Wide

This is an excellent opportunity for an interested and committed buyer to take on a highly reputable e-commerce business which specialises in strapping and other fastening equipment. Excellent online reputation. Wide range of stock. Loyal commercial...

Asking Price: £350,000
Turnover: £1,129,718


View more businesses for sale

News Search

Latest News


Monsoon Accessorize close to administration | ADMINISTRATION

Fashion retailer Monsoon Accessorize is close to entering ad...


M&G completes purchase of Ascentric platform from Royal London | BUSINESS SALE

Asset manager M&G has completed the purchase of wealth manag...


Food-to-go supplier calls in administrators | ADMINISTRATION

Adelie Foods, one of Britain’s biggest suppliers of sa...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


Oasis dentistry chain for sale | BUSINESS SALE

The company behind Oasis Healthcare is reportedly preparing ...


Parabis Group to be sold in pre-pack administration, insider says | ADMINISTRATION

Legal and professional services provider Parabis Group is to...


Oasis Healthcare acquires Apex Dental Care | BUSINESS SALE

Surrey-based Apex Dental Care has been bought by Oasis Healt...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources