New Investment To Help Dental Chain Expand

Mon, 19 Apr 2010

Oasis Healthcare, one of Britain’s biggest health and dental care chains, has received an extra £30 million investment to fund its expansion plans.

The company has revealed that two separate investments have been made to help grow the business – one from owners Duke Street Capital for £10 million and a £20 million investment from Swiss-based Partners Group.

In a statement, Oasis said the additional capital means it will now also be able to invest its operating cash flow into its expansion plans.

The group plans on using up to £50 million of growth capital to acquire existing dental practices, build new sites and upgrade its current estate.

Justin Ash, chief executive of Oasis Healthcare, said: "We have a great opportunity to build the leading dentistry brand in the UK."

"New investment from both Duke Street and Partners Group will allow Oasis to accelerate its participation in consolidating the dental sector, through winning new NHS contracts, acquisitions and transformational deals where we can add value as well as transforming the branding and clinical excellence in our existing practices ."
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