Dental focus boosts UNW

Dental focus boosts UNW

The dental business unit at accountancy firm UNW LLP is celebrating after a record year saw them sell almost £20m worth of dental practices.

Newcastle-based UNW sold five practices throughout the UK last year in transactions worth over £17m combined.

UNW says the outlook for its dental team in 2016 is looking equally buoyant, with a series of deals, including finance raisings, acquisitions and disposals in the pipeline.

Dental specialist partner, Alan Suggett, said: “I’m delighted, not only with record total amount of the deals, but also with the geographical spread from Newcastle and South Shields, down to Lincoln, Bradford and Nottingham.

"We are also helping more dentists than ever before to buy their own practices, which is exciting for us because they are our clients of the future.”

The news comes after the firm – which has grown every year for the last 10 years –cemented its position of delivering long term, sustainable growth having recently reported a firm-wide 10% rise in turnover.

In the six months to September 2015, UNW delivered an annualised revenue rate of more than £8m.