Provider of UK NHS Dentistry
Palamon acquired Associated Dental Practices for £136 million in 2009. At the time of investment, it was the third largest dental operator in the UK, with 120 practices serving around 1.5 million patients a year, delivering dentistry services primarily commissioned and funded by the National Health Service (“NHS”).
The UK NHS dental market was worth approximately £2.5 billion and demonstrated stable annual growth rates of 3-5%, but was highly fragmented, with only 5% of the 11,000 practices owned by corporates. ADP, as one of the only sizable players, was identified as an ideal platform with which to drive the consolidation of the market.
mydentist is by far the largest dental corporate in the UK, with over 650 practices nationwide and serving more than 8 million patients per year.