Specialist business property adviser, Christie & Co, has brokered the sale of Alex Jones Dentistry – a group of two private dental practices in South Yorkshire.
Alex Jones Dentistry comprises a pair of independently owned private dental clinics which sit at the cutting edge of modern dentistry. With four well-fitted surgeries, they have been serving a wide patient base for almost 20 years, specialising in implantology as well as providing high-quality and friendly family dental care.
The practices are located just seven miles apart, in prominent positions in Barnsley and Penistone in South Yorkshire.
The business was established by Dr Alex Jones in 2004 and was recently brought to market to allow him to begin his road to retirement.
Following a sales process with Christie & Co, Alex Jones Dentistry has now partnered with Dentex, which will take the business forward with Dr Jones remaining on as a partner for the foreseeable future.
Alex Jones comments: “I acquired the Penistone site in 2004 as a single surgery, NHS practice. I knew NHS dentistry did not align with my vision of the service I wished to provide so immediately converted it to a private practice. The Barnsley site (which has now moved) was, again, a single surgery recently converted entirely Plan based practice where I saw an opportunity for expansion. Both sites now have two surgeries with a third being fitted in Barnsley now.
“I hope the business continues to grow whilst maintaining the excellent reputation we have for clinical care and the highest levels of customer service. It was important to me who I partnered with to continue this process, and I believe Dentex are the right people to help me achieve my future aspirations for the business.”
Harriet Mordecai, acquisitions associate at Dentex, says: “It is always a pleasure to welcome practice teams who share Dentex’s passion for clinical excellence into our community, such as those at Alex Jones Dentistry.
“We are looking forward to building on the excellent foundations and established reputation that Alex has built across South Yorkshire and further supporting the practices’ growth ambitions. We have already pursued the opportunity to expand the Barnsley site, with the addition of another surgery, in a bid to keep up with patient demand. This is testament to Dentex’s dedication and investment in good quality dental practices.
“Dentex now has 138 dental practices across the UK, and we would like to thank Christie & Co for their continued support.”
Jonathan Watson, director at Christie & Co who handled the sale, says: “I am delighted to have worked on the sale of such an exceptional group of practices. Alex, who is one of the most respected clinicians across the region, was a real pleasure to work with.
“The demand we received for the group, particularly from corporate operators, was fierce and quite typical of the market for larger private practices. Despite the challenges many operators are facing at present, the practice sales market is hugely buoyant, and owners should get in touch if they wish to take advantage of these conditions.”
Legal advice for Dr Jones was provided by Capsticks LLP, and Weightmans LLP acted for Dentex.
Alex Jones Dentistry was sold for an undisclosed price.
