Portman Dental Care
Portman Dentalcare is a chain of dental practices based in Cheltenham established by Sam Waley-Cohen in 2009.
He sold a large stake in the business to Core Equity Holdings in June 2018 for more than £300 million.[1] Core Equity Holdings invested into the firm in July 2018, valuing it at more than £300 million.[2]
The company offers customers the option to pay for treatment by instalments.[3] Members of the Professional Jockeys Association qualify for discounts from the company.[4]
It sponsors a trophy at the Henley Women's Regatta, [5] and the Portman Dentalcare Handicap Hurdle at Downpatrick Racecourse.[6]
By March 2011 the business had grown to eight dental practices employing 170 staff[7] and by 2013 it has grown to 15 dental practices.[8] It took over Apollonia House Dental and Healthcare in Grasscroft in 2015 and the practice was named the Portman Dental Practice of the Year in August 2016. At that point the company owned 45 dental practices across the UK.[9]
It was shortlisted for the award of Customer Service Provider of the Year in the 2017 Dental Industry Awards,[10] In that financial year it reported income of £48.97 million.[11] and included in the London Stock Exchange’s 1000 Companies to Inspire Britain.[12]
In 2018 it was reported that female staff in the business were only paid 40% of the rates of male staff - the biggest pay gap in the sector.[13]
It bought Caledonian Dental Care, which was established in Perth in 1947 and is the biggest dental practice in Scotland, with 40,000 patients and 19 surgeries in November 2018. This was its sixth acquisition in Scotland in 2018.[14] The practice it plans to open in Bicester would largely do private work. Only orthodontics would be paid for by the NHS.[15] In 2018 it had over 80 practices across the UK.[16] It is in competition with BUPA and Genesis Dental Care to acquire practices.[17]
References
- "Gold Cup-winner Waley-Cohen rides to £300m Portman Dental sale". Sky News. 26 June 2018. Retrieved 27 December 2018.
- "Alcentra backs Portman Dental Care investment". Reuters. 5 July 2018. Retrieved 8 September 2018.
- "Stomatolog słono kosztuje, nieważne czy płacimy w złotówkach, czy innej walucie". Interia Biznes. 11 September 2017. Retrieved 27 December 2018.
- "PORTMAN DENTAL CARE". Professional Jockeys Association. 2013. Retrieved 31 December 2018.
- "Portman dental care - Henley Womens Regatta". Henley Women's Regatta. 2017. Retrieved 31 December 2018.
- "Downpatrick". RacingTV. 13 October 2017. Retrieved 31 December 2018.
- Chadband, Ian (15 March 2011). "City slicker Sam Waley-Cohen swaps his suit for silks in Gold Cup". Daily Telegraph. London. Retrieved 17 March 2011.
- "Sam Waley-Cohen: Mountaineer, businessman, pilot, skier... oh, and jockey". The Independent. London. 11 March 2011.
- "All smiles for dentists". Oldham Chronicle. 8 August 2016. Retrieved 27 December 2018.
- "Finalists announced for Dental Industry Awards". Dentistry. 27 October 2017. Retrieved 27 December 2018.
- "Portman Dentalcare". Craft. 2018. Retrieved 31 December 2018.
- ""It's not about being big, it's about being the best" — Sam Waley-Cohen, Portman Dentalcare". Finecompany. 6 September 2017. Retrieved 31 December 2018.
- "Gender pay gap for healthcare and medical staff". Sunday Times. 8 April 2018. Retrieved 10 June 2018.
- "Scotland's largest privately-owned dental practice acquired". Dentistry. 21 November 2018. Retrieved 27 December 2018.
- "NHS to open new dental surgery in Bicester to solve shortage". Oxford Mail. 22 June 2018. Retrieved 27 December 2018.
- "Cheltenham Gold Cup winner Waley-Cohen eyes £300m dental sale". Sky News. 16 April 2018. Retrieved 10 June 2018.
- "Practice sale values begin to drop, while valuations start to rise". Dentistry. 31 July 2018. Retrieved 27 December 2018.