A speedy start for the Scottish dental market in 2021
2020 turned out to be a disruptive year for most commercial industries due to the outbreak of COVID-19.
Positively, the dental sector proved its resilience by adjusting quickly to challenges created by the pandemic and as a result, practice sales continued to flourish, particularly towards the end of the year. Judging from the demand we have seen so far in the first quarter of 2021; this buoyant activity shows no signs of abating.
We are seeing an increasing number of buyers flock to the market, comprising a wider mix of corporates and independents who continue to dominate the purchaser landscape. 71% of viewers have been independent buyers, of which about a quarter were first-time buyers. The increase in activity is driving competition and underpinning the premium prices being achieved for practice sales. This is very positive for those in succession planning...
To read the full article published in Scottish Dental on 31/03/2021, click here.
