Oasis acquires Apex practices
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- Published: Tuesday, 20 May 2014 17:29
- Written by News Editor
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Oasis Healthcare has acquired Apex Dental Care for an undisclosed sum. The deal closely follows the acquisition of Smiles Dental in April 2014. The additions of Apex and Smiles to the Oasis portfolio will increase its turnover by 40% from £160 million to over £225 million, through the provision of NHS, private and specialist dental care to over 3 million patients. Its practice network will have grown by over 50% from 204 to over 310 in 6 weeks.
Founded in 2007, Apex has 31 practices located across England and offers a wide range of care options to their patients. Apex is focused on delivering clinical excellence, in both NHS and private dental care, which complements Oasis¹s commitment to working with the Department of Health to increase access to quality dental care. This has involved establishing a number of NHS pilots that are currently being trialled within Oasis practices, and one within the Apex estate.
Justin Ash, CEO at Oasis Healthcare Group, said: “We are delighted to welcome the Apex team to Oasis. Both companies share the same commitment to providing high quality, easily accessible dental care and have developed a patient-led culture. Adding both Apex and Smiles to the Oasis portfolio rapidly transforms the size and scope of Oasis and underlines the rapid progress we are making in building a strong, trusted and customer focused dental brand in a fragmented market. Our ambitions for growth do not stop here and we have a strong pipeline of acquisitions and new builds.”
Ben Chaing, CEO at Apex Dental said: “We are pleased that Oasis will be taking forward the Apex practices and teams. Following initial discussions with the Oasis team it soon became apparent that we shared the same vision for how the dental market should evolve. By combining Apex¹s dental practices with Oasis the group will be well placed to continue improving the breadth and quality of our service to patients with the benefit of an expanded network and an even stronger clinical support team.”
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