First Dental in Walsall sold to experienced Doctor duo
Specialist business property adviser, Christie & Co, has announced the sale of First Dental in Walsall, West Midlands. Funding for the sale was sourced through commercial finance specialist, Christie Finance.
First Dental is a popular six-surgery NHS practice located in Bloxwich, Walsall, in the West Midlands.
After many years of ownership, Dr Ellic Thompson decided to sell. The business has been purchased by husband-and-wife team, Dr Krishna and Dr Tulasi Malapati, who also own a practice in Herefordshire.
Dr Thompson comments, “After an enjoyable and professionally rewarding career in dentistry, I have decided to sell First Dental to Krishna and Tulasi. All of the staff are looking forward to working with them and I would like to wish them well for the future.”
Dr Krishna and Dr Tulasi Malapati comment, “We are delighted to have purchased First Dental, we cannot wait to continue the high standards that Ellic has put in place and to grow the practice further.”
Tom Morley, Senior Business Agent, who handled the sale, comments, “I am delighted for Ellic that we have now completed the transaction of First Dental. It was a pleasure to work with all parties throughout the sale and I wish Krishna and Tulasi the best of luck with their latest practice acquisition. First Dental is further evidence of the demand for predominantly NHS opportunities across the Midlands.”
David Ward, Senior Director at Christie Finance, who secured the funding for the buyers, comments, “I am delighted to have arranged the funding to allow Krishna and Tulasi to purchase First Dental, which is an excellent NHS practice. With their wealth of experience within the dental sector, I am sure that they will be able to grow the practice and make it even more successful.”
First Dental was sold at an undisclosed price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com
