Selling multiple practices during a pandemic
Dan Freshwater explains how he managed the sale of six practices during the Covid-19 crisis.
The Social Care in Action Group is a charity that provides social care, counselling, wellbeing and other community-related services. We got into dentistry at a time when it was difficult for people from disadvantaged areas to access NHS dental care. For the last 15 years, this has been part of the various services we provide. However, we decided to sell our six dental practices in order to restructure and refocus on other health and wellbeing services.
Once we decided to sell, we researched potential agencies to help and Dental Elite was one of many that we spoke to. From the get go, we were really impressed by Luke Moore’s approach, which made it an easy decision to work with Dental Elite to find the right buyer for our practices. As a charity, it was really important that the buyer aligned with our values. We wanted to be sure that our practice staff were going to be looked after moving forward with the support of a buyer we had faith in. We were introduced to potential buyers and in the end agreed a deal with Smile Dental Care.