gunnercooke advises on acquisition of growing Midlands dental practice
February 26, 2019
A team led by gunnercooke partner Mel Kang has advised on the acquisition of a growing Midlands dental practice, following funding from Barclays. Mel is a recognised specialist in corporate healthcare, frequently advising dentists, pharmacists, GPs and care home operators on high-value acquisitions and disposals of their practices. There are many complex regulatory aspects involved in transactions such as these and along with fellow gunnercooke partner Sunil Abeyewickreme, Mel is one of the few lawyers in the UK dedicated to advising white collar professionals.
The transaction saw the acquisition of Brownhills Dental Surgery, in Walsall, by Dr Harmandee and Singh Chaggar. The practice was originally established by Dr Navdeep Dhaliwal 15 years ago.
The practice will be rebranded Pearly Whites Dental studio and the team’s ambitious expansion plans include the offering of cosmetic services, insurance-based comprehensive dental plans and a Members Club.
Dr Chaggar said: “Brownhills Dental Surgery has a great reputation amongst patients and we plan to expand on this and offer a friendly and pleasant experience accompanied by quality dental care.
“We want to create smiles that patients can be proud of and we sincerely hope to become an integral asset to the health service in the local community.”
Manoj Patel, relationship director at Barclays said: “I am delighted we have been able to support Dr Chaggar with the purchase of his first practice and are excited about the plans he has in place to expand the business further.”
Mel Kang said: “This was an arduous deal to conclude with many regulatory issues to overcome but together with the support of Manoj Patel of Barclays, we reached the desired outcome for Dr Chaggar.
“He really is a switched-on dentist and is making all of the positive changes to grow his new business.”