Specialist business property advisor, Christie & Co, has announced a partnership between Dentex and two East Yorkshire dental practices – Hedon Dental Practice and Edward House Dental Studio.
Hedon Dental Practice is a four-surgery, mixed income practice situated in a prominent high street location in the charming, affluent market town of Hedon in East Riding. Edward House Dental Studio is a predominantly private practice with four surgeries and a fifth in development. It occupies an attractive period property and enjoys a prominent central location in the market and minster town of Beverley, also in East Riding.
The two practices were owned by principals Dr. Jason Spence and Dr. Claire Shipley who relocated to Claire’s hometown of Beverley to live and work. In 2000, they set up East Yorkshire Dental Studios.
Following the sale of their other practices which were in partnership with Dr. Christopher Maher, Brough Dental Studio and Grimsby Dental Studio, to Dentex last year, they decided to market their remaining two in order to shift their focus onto delivering first-class clinical treatment and to step back from some of the more stressful aspects of practice ownership.
Hedon Dental Practice and Edward House Dental Studio have now also joined Dentex in a partnership that brings the group to four practices within the Dentex group.
Chris Lekkas, partnership & acquisition manager at Dentex, comments, “In September 2021, we were delighted to welcome two outstanding practices from the East Yorkshire Dental Studios (EYDS) group into Dentex. Our ambition was to create an environment where both the principal owners and their teams felt supported in every way by Dentex, so they could continue delivering excellent patient care. Over the last year, Dentex have delivered on its promise and, after creating a successful working relationship together, we have agreed to acquire the two remaining practices of the EYDS group. Having now completed on Edward House Dental Studios and The Hedon Dental Practice, this completes the EYDS journey and reunites all four practices. Dentex have enjoyed a productive experience working with the teams at Brough Dental Studio and Grimsby Dental Studio over this last year, and we are now looking forward to also collaborating with the teams at the two new locations that have recently joined.”
Tom Morley, associate director – Dental at Christie & Co, who handled the sale, comments, “It has been an absolute pleasure to act for Jason and Claire in this successful sale and to have completed the circle of all four sites. Many congratulations to them both for their excellent work over the years and to Dentex, too, for completing on the entire EYDS portfolio. I would also like to thank Chris Lekkas and Tom Laybourn at Dentex for their hard work in reaching a successful conclusion and Jonathan Tyson and his team at Knights who expertly acted for the sellers.”
Hedon Dental Practice and Edward House Dental Studio were sold for an undisclosed price.