Newcastle private surgery acquired by national dental specialist

A dental practice in the Newcastle has been acquired by a national group for an undisclosed sum.

Privately-owned business Atkinson Dental Practice, situated on Osborne Road in the Newcastle suburb of Jesmond, has been purchased by Portman Dental Care.

Comprising three surgeries spread over two levels, the Denplan Excel accredited practice has been led by Michael Atkinson since 1988.

Gary Chapman of Portman commented: “We are delighted that Michael and his team from Atkinson Dental Practice have joined Portman.”

The deal was brokered by Newcastle-based specialist business property advisor Christie & Co.

Gary added: “Christie & Co provided a professional service throughout the transaction. Paul Graham is a skilled negotiator ensuring a fair deal was agreed for both parties.

“His input helped the transaction move forward and he was always on hand to offer advice.”

Paul Graham, director at Christie & Co’s Edinburgh office, added: “Christie & Co was instructed by Michael Atkinson to run a confidential marketing process. The aim was to find an appropriate buyer, enabling Michael to focus more of his time on delivering high quality dental care.

“After marketing the practice and achieving plenty of interest, we accepted an offer from Portman Dental Care, identifying that they would be able to successfully uphold the reputation and growth of the practice.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →