Non-dentist founder of a dental group - Britain & NI
I’m a self-funded searcher building a dental practice group in England, Scotland and Northern Ireland, one practice at a time. The first practice is with lenders, the pipeline is behind it, and I’ve written a full PPM for a first tier of five practices.
I’m not a dentist, so the structure is built to answer that. There’s a GDC-registered dentist as director and shareholder in each practice company, and a dentist shareholder and director at the group parent. The selling principals stay on as associates, there’s a practice manager in post at every site, and finance, compliance and reporting run centrally.
Three questions for anyone who’s been through it:
Beyond posting here, what actually worked for raising first-deal equity? Direct outreach, angel networks, family offices, lender introductions, something else?
How did you structure your PPM or investment memo so investors took it seriously at the pre-acquisition stage, with no completed deal yet?
For founders from outside the sector you’re buying in, what mattered most to investors and lenders: the clinical team, the operating model, the first deal itself, or something else?
Happy to share what I’ve learned from the lender side in return.
If you invest in UK healthcare or self-funded searches, I’d be glad to send the PPM.