Major expansion

Carholme Dental Group Ltd, which has its main practice at Chadwell Heath, Essex, has recently acquired a new practice in Leeds and has plans for further growth in the coming months.

Co-owned by business partners Jonathan Schonberg and Gabriela Staneviciene, the Group has two existing practices in Bradford and another in Lincoln and is in discussions about the acquisition of a further five. Clydesdale Bank’s £6m funding package includes refinancing of the existing four surgeries, support for the acquisition of the Leeds practice and delivery of £2.4m support for planned expansion.

Carholme Dental provides a mix of NHS and private patients with a full range of services including general dentistry, orthodontic treatment, implants and cosmetic dentistry. The Group has more than 40 full and part-time dentists and anaesthetists across its surgeries.

Jonathan Schonberg commented: “We’re continuing to target growth for the business and, following the opening of our new Leeds surgery, we’re already making good progress on a number of other acquisitions. The team at Clydesdale Bank have been extremely easy to deal with, have a comprehensive understanding of the sector and have shown a real enthusiasm for supporting our business.