A dental platform lining up an expansion across England and Wales has been acquired by Lonsdale Capital Partners.
A dental platform lining up an expansion across England and Wales has been acquired by Lonsdale Capital Partners. The Richardson family business, advised by RCL Partners, is also investing.
Todays Dental Group (TDGL) currently comprises eight practices and has plans to grow its presence to 50-strong.
Lonsdale is backing chief executive Rob Paxman, and his team, which has significant commercial, clinical and operational experience as a result of their previous extensive tenures within larger dental corporates.
In addition to facilitating TDGL's roll-out plans, Lonsdale will also provide strategic counsel, support investment in the group head office function, and will be active on the company's board.
Ben Evans, partner at Lonsdale, said: "Rob Paxman and his experienced team are highly regarded within the dental sector, and we are pleased to be supporting them as they look to develop the TDGL platform going forwards."
Paxman added: "The team are excited to have the support of a focused and experienced investor with a strong track record of delivering both acquisitive and organic growth to their partner companies.
"Our vision is to evolve a dental group which is truly people-focused. Our support team will provide the resources and expertise to enable dental teams to focus upon patients, making the best decisions for their practice at a local level.
"Our leadership approach is to collaborate and evolve together. We will measure our success through the happiness of our people, as well as the profits we create."