Richardson invests in ambitious dental group

The Richardson family business has invested into Todays Dental Group Limited, an ambitious UK-based dental platform.

It currently comprises eight dental practices across the country and aims to grow to more than 50 dental practices through a buy and build strategy.

The investment has been made alongside Lonsdale Capital Partners, a private equity firm focused on the mid-market in the UK and Europe.

Todays Dental is led by CEO Rob Paxman and a senior team who have significant commercial, clinical and operational experience in the sector as a result of previous extensive tenures within larger dental corporates.

The team has deep and longstanding relationships within the dental industry and brings with it a strong initial pipeline of acquisition targets from which it will look to add to the platform.

Todays Dental offer an attractive model to non-corporate-owned dentists through the centralisation of certain of their back office and administrative functions, as well offering the opportunity to participate in the future financial success of the group as a whole.

A spokesperson for RCL Partners, the retained advisors to the Richardson Family who advised on the deal said: “We are delighted to be able to partner with Todays Dental and are excited by the growth prospects for the business. ”

Rob Paxman and his team are very experienced and well regarded within the dental sector and are well placed to develop a platform that can scale and deliver a patient focused service in a sector that we know well. We are always looking to support strong and ambitious management teams ”

Rob Paxman, CEO at Todays Dental, said: “Our vision is to evolve a dental group which is truly people-focused.

“Our support team will provide the resources and expertise to enable dental teams to focus upon patients, making the best decisions for their practice at a local level.

“Our leadership approach is to collaborate and evolve together.

“We will measure our success through the happiness of our people, as well as the profits we create. ”