Fisher Jones Greenwood dental transactions exceed £28 million
19 December 2016 by Marketing Team
Essex-based solicitors Fisher Jones Greenwood, has announced the value of dental practice transactions, in which the firm has been involved during 2016, has exceeded £28 million.
The firm’s healthcare department has seen an increase in the number of instructions from new clients looking to purchase or sell a dental practice. Despite the current buoyant dental acquisition market, it is important for both the vendor and purchaser to appreciate buying and selling dental businesses requires specialist legal knowledge and experience in the niche dental acquisition sector. There is a very specific transaction process, particularly where the practice in question has an NHS contract. It is vital both the seller and buyer instruct experienced dental specialist solicitors well versed in the nuances of dental sale and purchases.
Leah Groves, Partner at Fisher Jones Greenwood’s Chelmsford office, who specialises in dental acquisitions commented, “Demand for dental practices in England and Wales has never been higher and we are seeing increased activity in two key areas. First, a growing number of corporate buyers are expanding their portfolios of practices. Second, the vast number of associate dentists seeking to acquire their first practice. In order to meet the increasing demand in this sector, we have expanded our specialist healthcare team to allow us to continue to deliver excellent client service coupled with sector specific legal knowledge. “
Particular areas in which the Fisher Jones Greenwood healthcare team has experience, include asset and company share transactions, partnership and expense sharing agreements, the commercial and business structure of practices, the incorporation of practices including the preservation of NHS contracts and registration with the Quality Care Commission.
For further information, please visit www.fjgdental.co.uk