KBS CORPORATE ADVISES ON SALE OF HIGHLY RESPECTED ORTHODONTICS COMPANY
Ashford Orthodontics is one of the UK’s leading orthodontics laboratories. This is a reputation that the company has developed over 20 years of operation, with a highly experienced workforce and the latest technology.
Ashford Orthodontics is based in Tyne and Wear and has customers across the UK. These factors lead to the company quickly achieving turnover in excess of one million pounds. The company’s three shareholders, Sean Thompson, Craig Stevens and Graeme Winyard instructed KBS Corporate with the sale of their business in order to facilitate further growth.
The laboratory attracted a wide range of interest with the successful offer coming from Amalgamated Laboratory Solutions who were backed by Ansor LLP. This marks Amalgamated Laboratory Solutions’ second acquisition of a company represented by KBS Corporate with their previous acquisition of Leca Dental Laboratory in 2019. Amalgamated Laboratory Solutions is based in London and is a manufacturer of dental supplies and instruments. The acquisition acts as a continuation of Amalgamated Laboratory Solutions’ growth through acquisition strategy.
Annie Shiel, KBS Corporate Associate Corporate Director, advised Ashford Orthodontics and commented, “It was clear from the beginning that Ashford Orthodontics would nicely compliment the dental group created by Ansor LLP.
The final deal agreed was complex with many layers but KBS were well positioned to be hands on at all stages from negotiation through to the legal documents being agreed.
Pursuing a transaction during these uncertain times did present a number of hurdles to overcome but with the continued focus and dedication from all parties involved, a deal was achieved.
Ashford Orthodontics is a great addition to the newly established dental group and exciting times are ahead for all companies involved.
I am extremely pleased to see this transaction complete and I would like to send my best wishes to the sellers and the new group for the future.”