Duke Street and Partners inject a further £30m into Oasis
Duke Street and Partners Group are backing dental chain Oasis Healthcare development plans. The fresh equity capital and a new acquisition facility will give Oasis access to up to £50m of growth capital to upgrade its existing estate, acquire established dental practices and build new sites.
Swiss-based investor Partners Group, and Duke Street will invest £20m and £10m of fresh capital respectively, with an additional £20m of growth capital funded from Oasis’ operating cashflow.
Oasis, offers the full range of general and specialist dentistry, serving both the NHS and the private market. The company operates over 170 practices and 700 dentists. Mid-market specialist Duke Street acquired Oasis for £125m in September 2007.
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