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  Posted by: Dental Design      17th May 2021

Selling a dental practice can be challenging, but even more so under extraordinary circumstances that are beyond your control. By working with a professional team that specialises in practice sales and acquisitions, you can overcome the potential pitfalls of the process to ensure a successful transaction.

Despite the COVID-19 crisis, Dental Elite has been able to support numerous vendors in securing the best deal for their practice sale. Dr Jaswinder Bardha took his practice to market with complete peace-of-mind that Luke Moore – Co-Founder of Dental Elite – would manage the process with utmost efficiency.  

“I didn’t really have any fears as I was confident that Dental Elite would give me a fair valuation for my practice,” he says. “Luke guided myself and my wife through the whole process. He was very helpful and explained everything when the need arose. My advice to future vendors would be to just use Dental Elite. The team will guide you through the entire process swiftly and with minimum fuss.”

Should you decide to sell your practice through Dental Elite, the expert team can assist you with the due diligence process to ensure that you are fully protected against unwarranted price negotiations. Dental Elite’s commitment to achieving the results clients seek was recently demonstrated in the sale of Dr Peter Ziderman’s practice. Speaking about his experience, Dr Ziderman says:

“Although the bidding process was stressful, Luke Moore was in regular contact and provided good guidance throughout. The most challenging time of the sale was when I thought the buyer would pull out due to the COVID-19 pandemic. Additionally, the buyer’s FDD findings demonstrated a lower EBITDA but this was successfully proved wrong by Dental Elite, who resisted any price reduction or alteration of terms on my behalf. This enabled a smoother progression to completion.”

The Dental Elite team provides a single point of contact for every transaction to ensure there is always a professional on-hand to respond quickly to any queries or concerns raised. Dr Matt Milbourn and Karen Milbourn found this approach during the sale of their practice extremely beneficial, commenting:

“Dental Elite was great at communicating with us, from the valuation stage through to completion. It is a good team of people who communicate well with each other to facilitate the dental practice sale process and make it as smooth as possible.”

Dental Elite’s service does not simply stop at practice sales and acquisitions. The friendly team have also become one of the UK’s most experienced dental recruiters, matching candidates with their ideal role and assisting practices in building their dream teams. Dr Babak Bazargan was thoroughly impressed with the support he received from Dental Elite when it came to finding his next role.

“The whole team were very good from start to finish,” he says. “I was confident that I was being kept up-to-date with the progress and they were easy to contact if I needed anything. Dental Elite found several potential positions that met my criteria. In the end, I chose the vacancy that was geographically closest and I have been very happy in the new role for the past few months now.”

Dental Elite can guide you through the recruitment process and raise your profile within the market, no matter whether you are looking for a temporary, permanent or locum position. Dental hygienist, Clare McCluskey, was delighted that the team not only placed her within a role suited to her experience, but also offered invaluable advice and guidance even after she was recruited.

“I worked with Lisa McCusker from Dental Elite, who was very helpful”, she comments. “Her communication was brilliant. Prior to starting the role, Lisa provided all the information I needed to ensure my first day ran smoothly and she answered my extra questions promptly.”

When he unexpectedly needed to find locum cover, Adam Jaffa also took advantage of Dental Elite’s outstanding recruitment services. He says:

“I didn’t really expect them to be able to help as many UK companies don’t operate in Northern Ireland, so I was amazed when they could not only help, but provide good quality candidates to choose from. A very pleasant surprise!”

No matter whether you seek support with dental recruitment or practice sales and acquisitions, Dental Elite can offer you an unparalleled, client-centric service to maximise your chances of success – even under extraordinary circumstances. Give the friendly team a call to find out how they could help you today.

 

For more information contact Dental Elite. Visit www.dentalelite.co.uk, email info@dentalelite.co.uk or call 01788 545 900


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