Specialist business property adviser Christie & Co has announced the sale of three Rejuvadent dental practices in Grimsby, Scunthorpe, and Hull in East Yorkshire.
Together, the three NHS practices comprise 17 well-presented surgeries located on Osborne Street in Grimsby, Oswald Road in Scunthorpe, and Freetown Way in Hull. They have all been serving their local patient communities for many years and have excellent reputations for providing high-quality family dental care.
Dr. David Bryden started the group of practices in 1999 and recently decided to sell it to a like-minded operator who will continue to deliver for the patients in the area.
Following a confidential sales process with Tom Morley at Christie & Co, the group has been sold to Jonathan Schonberg of April Holdings Dental Group. Alongside his interest in the Carholme Dental Group, this acquisition takes Jonathan to 24 practices across the UK and bolsters his significant presence across Yorkshire.
“After many enjoyable years of starting and expanding the practices, the decision was made that it was the right time to transfer the group to take it further forward,” commented Dr. David Bryden, former owner of Rejuvadent, and Debbie Rose, group manager at Rejuvadent. “We are delighted to conclude the sale of Rejuvadent and look forward to witnessing it go from strength to strength under the new ownership.”
“We are delighted to have completed the transaction of Rejuvadent and warmly welcome David and Debbie into the group,” commented Jonathan Schonberg, owner of April Holdings Dental Group. “April Holdings and Rejuvadent share the same values in delivering quality NHS dentistry, and the patients can expect the same quality service under our ownership.”
“This represents yet another landmark sale brokered by Christie & Co,” commented Tom Morley, associate director – Dental at Christie & Co. “It is also refreshing to see a larger transaction completed by an independent group, further strengthening the sector. It has been an absolute pleasure to work on behalf of David for the sale of his group. Our task was to confidentially identify and introduce appropriate buyers for this unique opportunity. Working alongside Jonny and David on this transaction has cemented our original advice further. I wish them both the very best moving forward. I would also like to say a huge thank you to Debbie Rose, the Group Manager, for her tireless work and commitment to completing the transaction.”
The sale was also supported by Clare Emery and her team at HCR Law, and Paul Shinwell and his team at Abrahams Dresden.
The three Rejuvadent dental practices were sold for an undisclosed price.
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