Member Article

Surrey dental practice under new ownership following RBS backing

Mulgrave Dental Centre has been acquired by new owner as a result of a funding package from The Royal Bank of Scotland (RBS).

Local dentist Dr Satwinder Singh Hira, has acquired the Surrey practice and plans to enhance the range of services available to its customers.

RBS has supported Dr Hira’s acquisition of the business with a loan and working capital facility. In addition to helping to finance the costs of the purchase, the funding has also enabled the new owner to invest in more modern dental equipment.

Open exclusively to private patients, the surgery, which is located at 17 Mulgrave Road in Sutton, will offer a full range of routine dentistry services as well as a wide variety of cosmetic treatments including smile make-overs, implants, braces, teeth whitening and veneers.

The clinic is also able to offer sedation and hypnotherapy to nervous patients to help them relax before treatment.

Dr Satwinder Singh Hira, owner of Mulgrave Dental Centre said: “I am pleased that my acquisition of Mulgrave Dental Centre has been a success and I am looking forward to meeting our existing patients as well as welcoming new ones to the practice.

“When I started out, I was looking not only for a bank who could support the funding side of things but also who could provide support on the business side as this is my first independent venture. Paul Barnes has done exactly that and his expertise and knowledge of the industry has proved to be extremely beneficial. I look forward to continuing to work with him in the future.”

Paul Barnes, Senior Healthcare Relationship Manager at RBS said: “I wish Satty the best of luck with his new practice and I am pleased that we have been able to support him with his first venture. The local dentistry sector is one of my key areas of focus and I am fully aware of the challenges and opportunities affecting the industry and the way in which it operates.”

This was posted in Bdaily's Members' News section by Ellen Forster .