JOINT VENTURE PARTNERSHIPS

How does the JVP work?

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YOUR PATHWAY TO PRACTICE OWNERSHIP

Build, grow and lead your own dental business

Synergy Dental supports Clinicians to run their own business.

For practices with an NHS contract, the dental practice is named as a contract holder as an incorporated practice on the NHS Contract.

You will own 50% of the shares of the company and a Director

We support the development of the practice so that you are able to build your own group through further acquisitions, tendering or start-ups. We will provide the full turn key solutions including recruitment and training for new associates and staff.

We will support you in your exit plan too.

Freehold and Leasehold Property – There may also be an opportunity to purchase the full freehold property. Otherwise, there will be a leasehold agreement set up by our legal team with the new company and the landlord.

FLEXIBLE PATHWAYS TO OWNERSHIP

Finance Arrangements

TRADITIONAL INVESTMENT ROUTE

Self Funding or Bank Loan

Like any business, setting up a new dental practice or buying an existing practice will require a capital investment. This capital investment will be split equally between the partners. In some instances, new partners have already got finance available ready to invest. But in most cases, there needs to be some borrowing required by the incoming JV partner. We have established relationships with lenders to help support your financial needs.

Each one of our new or existing practices will benefit from a financial forecast which allows any lender to review the potential risk of the lending. Typically, for a new squat practice, each partner would invest £150,000 each to develop a 2 surgery fully established dental practice.

For an existing practice, whether an already Synergy owned practice or a new practice on the market, the investment for each partner will typically be 50% of the practice market valuation.

Each one of our existing opportunities have indicative loan options available from a high street bank. Please see the ‘Current Opportunities’ section.

Find associate roles

FLEXIBLE OWNERSHIP PATHWAY

Partner Investment Programme (PIP) Scheme

Synergy Dental have introduced an investment scheme which allows a new incoming partner to acquire up to 50% of the shares in an existing Practice without the need to take out a bank loan or initial Capital Investment. The PIP scheme operates by allowing an incoming partner to cumulatively acquire the dividend shares in the practice over a 5 year period paid through their monthly associate fee. The benefits of this are astronomical:

  • Not tied down to a bank loan.
  • Acquire up to 50% of the practice shares from day 1.
  • Start earning a dividend from day 1.
  • Have equal control of the practice from day 1.
Ask about the pathway

PARTNERSHIP FINANCES

Running Costs

The services provided to the practice by Synergy Dental helps to develop and grow the business.

The daily and monthly running costs are met by the practice which includes PAYE and salaries, rent and rates, consumables/stock, lab fees etc.

As the practice grows, the value of the practice also grows and therefore the value of your shares will increase. Thus, your initial investment is not just rewarded by practice profits but an increased equity value in the business. We have experience in growing practices betyween 3-10x their original turnover, within a 3 year period! This is mainly through private revenue growth incorporating The Synergy Blueprint.

Synergy Dental has been successful in winning new and additional NHS dental contracts and thus has increased the growth of the business substantially.

With experience in dental tendering and providing a high quality dental service, we have been able to secure new NHS dental service provision for new and existing practices.

This means that as the practice turnover increases, so does the profit element for our partners. Furthermore, an increased NHS contract increases the valuation of the practice raising the shareholding value for our partners.

As a partner, if you decide to sell your share of the practice, shareholding of a successful practice will have increased substantially. Thus, you will acquire a large capitals gain on your initial investment.

As a partner, you may also wish to invest into a 2nd or 3rd practice whether under ‘Synergy Dental’ or your own brand. We will support you with this.

Talk to Our Partnerships Team

HOW THE VENTURE WORKS

From first conversation to co-owner

A straightforward process: For Associates to help you acquire upto 50% shares with equal control into an existing or new dental practice, through our JVP model. For Exisiting Owners, we will help you scale up your practice and protect the practice culture you’ve already built, through our JVM model

Step 1

Initial conversation

A review of the current opportunities available for associates seeking to acquire or set up a dental practice. Or a discussion with existing practice owners who want to explore how we can help your practice exponentially grow.

Step 2

Practice review

A transparent look at the numbers, so you know exactly what a partnership would mean financially.

Step 3

Structure agreed

We agree your share of the practice, clinical autonomy and support package together.

Step 4

Onboarding & growth

Incorporate The Synergy Blueprint. A systems of finely curated marketing, sales, recruitment, training, facilities, governance and business intel to support and kick start the growth from day one, with our WOW team beside you.

Find out more

EXISTING OPPORTUNITIES

Practices currently available to welcome partners.

A snapshot of where we’re actively looking for the right dentist to join as a JV partner. New opportunities are added regularly as the group grows.

50% JOINT VENTURE PARTNERSHIP

Burnley

An established, fully-operating Synergy practice with an existing patient base and team already in place.

Register your interest →

50% JOINT VENTURE PARTNERSHIP

Macclesfield

An established, fully-operating Synergy practice with an existing patient base and team already in place.

Register your interest →

50% JOINT VENTURE PARTNERSHIP

Blackburn

An established, fully-operating Synergy practice with an existing patient base and team already in place.

Register your interest →

50% JOINT VENTURE PARTNERSHIP

Ormskirk

An established, fully-operating Synergy practice with an existing patient base and team already in place.

Register your interest →

50% JOINT VENTURE PARTNERSHIP

Adlington

An established, fully-operating Synergy practice with an existing patient base and team already in place.

Register your interest →

50% JOINT VENTURE PARTNERSHIP

Little Lever

An established, fully-operating Synergy practice with an existing patient base and team already in place.

Register your interest →

PARTNER STORIES

Hear it from our partners

A straightforward process: For Associates to help you acquire upto 50% shares with equal control into an existing or new dental practice, through our JVP model. For Exisiting Owners, we will help you scale up your practice and protect the practice culture you’ve already built, through our JVM model.

”It was my personal goal to start my own business before the age of 30 and due to the joint venture partnership model I was able to do just that”

– Dr. Mateen Ahmed

Synergy Dental Oldham Partner

”The Synergy Dental Joint Venture Partnership gave me the best of both worlds and allowed me to have more time. It gave me more time to expand my career and become a lecturer and open another business, Luxe Dental Lab”

– Dr. Karim Rachidi

Synergy Dental Leyland Partner

”With the support of central management I was able to streamlined the practice and take it from £300k revenue to £1.2m”

– Dr. Bilal Salim

Synergy Dental Swan Lane & Little Lever Partner

FOR ASSOCIATES

Not ready to invest yet?
Start as an associate

Many of our current partners started as associates. It’s the clearest route into a JVP, with mentorship and a clinical home while you decide if partnership is right for you.

ASSOCIATE DENTIST

Build your career inside the group

Join one of our clinics as an associate and get the clinical variety, mentorship and CPD support to grow, with a clear path towards partnership when you’re ready.

  • Flexible days and clinical freedom
  • Mentorship from partner dentists
  • Access to SynTrain Academy training
Find associate roles

HOW THE JVP WORKS FOR ASSOCIATES

From associate to co-owner

Once you’ve found your practice or location, we talk through timelines, buy-in options and what day-to-day ownership would look like — at your pace, with no pressure.

  • Transparent conversation about buy-in options
  • Support structuring your first partnership
  • Ongoing backing from the wider Synergy group
Ask about the pathway

DENTAL INSIGHTS

The Latest from Synergy

Guidance on partnership, investment and growing a dental career, from the Synergy Partnerships team.

FREQUENTLY ASKED QUESTIONS

Have a question?

Don’t panic, we’re here to help

Absolutely! As an associate dentist, you can choose to become a partner with us. You do not need to be an existing practice owner to become a partner with us.

Yes you can. Your options are that we buy a new practice together separate to your existing one, or we buy into your existing practice. We can discuss these options over a simple phone call.

Don’t worry, relax! We can offer you flexible share options ranging from 10% to 50% to the value of your investment. You then have the option to buy further shares up to 50% in the future. Our Partner Investment Programme (PIP) Scheme is designed for partners just like you, without the need to take out a bank loan. We do also have options available for lending from high street banks that are very favourable.

You can! There is no tie in so you are free to sell your shares whenever you want. The share value would be at market value. Vice versa, if you wanted to buy the Synergy shares, we can discuss this over a coffee!

That’s what we are here for! We have relationships with the main high street banks as well as independent agencies to help you secure your finance. We will start with establishing the level of funding required and then make the arrangements for you.

That’s the spirit! We would like you to be motivated enough to see the sky as your limit. If after the first JV practice, you want to invest in a 2nd practice, this is what we encourage. There is no limit in the number of practices you can invest in. The only limitation is how hungry you are.

It is sensible to create a base within 1 practice. If you decide then to invest in a 2nd practice, it would be wise to maintain presence in the 1st practice and offer some sessions in your second practice. This is to allow associate dentists to be supported and settle in. We would create a business development plan for you allowing you not to spread yourself too thin. Our approach is to ensure stability and growth for both yourself and our JV practice.

We refer to this as your financial freedom! You are at a point that you don’t need to work and practice profits allow you to earn a healthy living. So yes, you can. If this is your goal, our business development plan will be tailored to make this into a reality for you.

That’s what we are here for. We have a strong in practice and central operation team allowing you to concentrate on your clinical dentistry – what you are trained to do!

Yes you can. We will undertake a mapping exercise and needs analysis and establish whether the location would be good for a new squat practice. Arrange a call and let’s have a chat. You don’t need to disclose your location until you want to.

If any of the locations have a freehold purchase option, then yes you can.

We can base this on our performance to date with our existing practices. Our partner practices have demonstrated a year on year increase in Turnover and profits. We expect the same for yours.

We recognise that not all circumstances are the same and not all locations warrant the same patient charges. We would therefore build this in the practice development plan.

Simple – get in touch. Call, email or complete the form and we’ll arrange to call you back.

Ready to talk about your future?

Whether you’re exploring a JV partnership, an existing opportunity, or the associate route in, our partnerships team is here for a no-pressure conversation.

Enquire about a partnership
Call the partnerships teams
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