163 year-old dental practice in Stirling sold
Platt & Common has been bought by the Scottish Dental Care group.
Specialist business property adviser, Christie & Co, has announced the sale of Platt & Common Dental Practice in Stirling.
Established in 1861, Platt & Common is a substantial, modern dental practice with eight surgeries and an on-site denture and prosthetic lab. The practice is centrally situated in Stirling’s historic centre, just a few minutes’ walk from the Thistle Shopping Centre and close to the Albert Halls.
John and Jennifer Denham, who started working at the practice in 1999 and 2000 respectively, have owned the business since 2011. Following a confidential sales process with Joel Mannix at Christie & Co, it has been purchased by Scottish Dental Care (SDC). Earlier this year, Platt & Common joined the group.
“We purchased the practice in May 2011 following the unexpected passing of the practice owner,” said John. “It was quite daunting to move from being Associates at the practice to owning a practice that began in 1861 and was housed in a listed building. Over the following 13 years, we carried out renovation work on the main building and outbuilding and invested heavily in technology.
“When we turned 50, we decided it was time to think about the next five to 10 years and what we wanted to do. We wish our buyers every success with the business and hope that they continue striving to keep Platt & Common as a modern, high-quality family dental practice. We look forward to the additional services that they will be offering at the practice.”
Joel Mannix, Head of Dental at Christie & Co, said: “We first met Jennifer and John in 2022 when they were exploring a medium-term exit strategy and were considering their future options. Over the following 12 months, we collaborated closely before they decided to go to market. We devised a bespoke marketing strategy to ensure the highest level of confidentiality, successfully attracting several suitable buyers.
“Scottish Dental Care quickly emerged as a buyer who met many of their criteria. All parties worked diligently towards a relatively quick completion date, and I am pleased that we finalised the deal in just four months. It is always satisfying when a deal of this magnitude comes together, and I wish all parties the absolute best.”
Platt & Common Dental Practice was sold for an undisclosed price.