Dental group braced for major expansion

Altaf Hussain at ASR Dental, Malcolm Swan at Lloyds Bank

ASR Dental, a dental group with practices across Yorkshire, is building a new private clinic in Huddersfield and has added two Yorkshire Smiles surgeries in Leeds and Barnsley to its portfolio.

The expansion drive, supported by Lloyds Bank Commercial Banking, is expected to create more jobs and boost the group’s turnover by 25%.

The firm’s new clinic on Thornhill Road in Huddersfield will be a specialist provider of restorative and cosmetic treatments as well as dental implants.

Meanwhile, the company has acquired NHS dental group Yorkshire Smiles, which has two practices on York Road in Leeds, and Victoria Road, Barnsley. The group planning to hire 10 staff across both sites.

Lloyds Bank Commercial Banking supported the expansion with a multi-million-pound loan.

Dr Altaf Hussain, director at ASR Dental, said: “Our latest growth drive, including our first new-build surgery, is a huge milestone for the group. We’ve steadily acquired practices around Yorkshire since we began in 2004, and have ambitions to, ultimately, run practices across the North of England.

“But, it’s important to us that each of our practices are run independently to help us give a personal service and to build lasting relationships with our clients.”

Malcolm Swan, senior healthcare banking consultant at Lloyds Bank Commercial Banking, said: “ASR Dental’s expansion is a brilliant example of how confidence is growing in the dentistry sector.

“Our latest Healthcare Confidence Index found that four in five dentists are planning for growth, with dentists remaining significantly more confident than the rest of the healthcare sector.
“We’re committed to helping Britain prosper by supporting companies like ASR Dental to grow their provision of quality healthcare services.”

 

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