Bupa snaps up Oasis for £835 million
The second largest dental chain in the UK has been sold to private healthcare giant Bupa for £835 million.
Oasis Dental Care, which runs 380 practices and employs more than 1,800 dentists, was only acquired in 2013 by private equity group Bridgepoint for £185m. The move sees Bupa become a major player in the UK dental market, with more than 420 practices and more than two million patients.
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.”