JOINT VENTURE PARTNERSHIPS

How does the JVP work?

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.

Explore current opportunities

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.

Arrange a call with our CEO

PARTNERSHIP FINANCES

Running Costs

The services provided to the practice by Synergy Dental helps to develop and grow your dental 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. You will also earn your separate associate fee by working as an associate in the practice.

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 between 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 JOINT 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 system 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 for partnerships

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

50% JOINT VENTURE PARTNERSHIP