18 January 2023

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Portman Dental buys Southgate Dental Care in latest London deal

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Specialist business property advisor, Christie & Co, announced that Portman Dental has purchased Southgate Dental Care in North London.

Southgate Dental Care is a predominantly private practice with five high-standard surgery suites and an in-house team of specialists including two endodontists, a periodontist, an orthodontist and an implantologist. Much of its revenue is generated from internal and external referrals, according to a news release.

The business is located in a busy retail area on Chase Side, one of the main roads through Southgate in North London, conveniently close to the Southgate tube station.

The practice was established by Dr. Carlo Risoli in 1996 and was recently brought to market as part of his pre-retirement planning.

Portman Dental Care owns over 200 practices throughout the U.K. and is set to merge with Dentex in the next 18 months. Risoli will continue in a clinical capacity at the practice for the foreseeable future.

The sale was handled by Simon Hughes and Tom Morley at Christie & Co.

“It was a pleasure acting for Carlo in the sale of his great North London practice,” said Tom Morley, associate director of dental at Christie & Co, in the news release. “There is always a good demand for larger practices in London, and the specialist referral element to Southgate Dental makes it a very attractive purchase for Portman.”

Southgate Dental Care was sold for an undisclosed price.