Private equity firm Carlyle Group has announced it has agreed a £450 million deal to create the UK's biggest dental health group.
The company has bought out Integrated Dental Holdings (IDH), previously owned by Bank of America Merrill Lynch Capital Partners, and is merging it with rival chain Associated Dental Practices (ADP), owned by Palamon Capital.
The merger will create a new organisation with close to 450 surgeries across the country, treating more than 3.5 million patients per year.
IDH chief executive officer Richard Smith, who will lead the new combined business, said: "This new investment will allow us to provide more services across more practices with better quality of patient care in dentistry and potentially other primary healthcare fields".
"Furthermore, the merger with ADP is a particularly exciting and progressive step for both organisations in terms of career opportunities and development for the management, dentists and support staff."
Eric Kump, managing director of Carlyle Europe Partners, said: "IDH and ADP are the UK's market leaders in NHS dentistry with a committed focus on clinical excellence. A merger between businesses creates a wealth of opportunities for the new entity and we are delighted to have facilitated this unique transaction."
"We see long term growth potential in the dental services sector and are looking forward to working with the NHS to enhance patient access, value for services and to provide the highest standards of care ."




