Private Dental Practice (North London) — Acquisition by Mid-sized dental group (name not disclosed)
High-end, fully private dental practice in an affluent North London suburb acquired by a mid-sized dental group, illustrating how established, profitable practices less dependent on the principal dentist can attract strategic buyer interest and a valuation above typical sector multiples.
Acquirer
Mid-sized dental group (name not disclosed)
Year
2018
Sale Price
£3.70m
Revenue
£2.35m
Adjusted EBITDA
£475k
Implied EBITDA Multiple
~7.8×
Industry
Dental Practices
Transaction
A high-end, fully private dental practice in an affluent North London suburb was sold to a mid-sized dental group operating approximately 20 practices. The practice generated approximately £2.35 million in annual revenue and £475,000 in associate-led EBITDA. The final sale price was £3.70 million, with no deferred consideration. The achieved price was reportedly around 10% higher than a direct offer previously received by the owner.
Why the Premium?
- High-end, fully private operation
- Affluent North London location
- Substantial revenue and associate-led EBITDA
- Strategic interest from a multi-site dental group
- Reduced dependence on the principal dentist
SME Takeaway
The practice's revenue fell within the SME Multiples $1–$50M benchmark. The transaction provides a real-world example of the valuation of an established UK dental practice and should not be interpreted as a benchmark for all dental practices, as valuations vary materially according to profitability, NHS/private mix, location, owner dependence, scale, growth and other practice-specific factors. The ~7.8× multiple is an implied EBITDA multiple calculated from the reported sale price and associate-led EBITDA, not a figure explicitly reported as the transaction multiple.
Disclaimer: Case study figures are based on publicly available information and are provided for illustrative purposes only. Transaction values, EBITDA figures and implied multiples may reflect different reporting periods, definitions and deal structures, and some multiples are calculated from disclosed figures rather than reported by the parties. They are not formal valuations, investment advice or a substitute for independent professional advice.