Bupa to acquire Oasis Dental Care

18 November 2016

Today, Bupa announces it has agreed to acquire Oasis Dental Care, the UK's leading private dental provider, from Bridgepoint, the European private equity group, in a transaction totalling £835 million.

The move is a significant milestone in Bupa's strategy to offer customers high quality dental services.  Bupa will become a major dental provider in the UK's £7.1bn[1] dental market, with over 2m customers, over 1,800 clinicians and 420 clinics.

Bupa UK Managing Director, David Hynam, said: "There's strong customer demand for high-quality, value-for-money dental services that are convenient and easy to use.  Bupa and Oasis have a shared commitment to putting customers first, and we look forward to working together and welcoming the Oasis team into Bupa."

Oasis CEO, Justin Ash, said: "Our growth is accelerating and enthusiasm  is building amongst dentists and customers.  As part of the Bupa family, we can really develop further and continue to transform the UK dentistry market.  Above all, the success of Oasis is built on the talent and commitment of our clinicians and staff, and the loyalty of our two million customers.  We will continue to focus on their needs every day."

The transaction is subject to regulatory approvals.

 

[1] Source: L.E.K figures 2015/16


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