IDH Dental Careers News

Latest News & Events

IDH & ADP practices involved with new contract trials

01 September 2011

The Government today confirmed its commitment to improving the oral health of NHS patients, particularly children, by announcing that 68 dental practices will trial new changes to the current dental contract.

The trials will look at ways of increasing patient access and promoting preventative dental treatments like fluoride varnish, which helps to prevent tooth decay in children.

Dentists have consistently said, and the Government agrees, that the current contract leaves dentists concentrating on activity with no specific rewards for high quality care or for delivering prevention.

The pilot practices will test changes that will see dentists paid for the number of patients they care for and the health results, rather than the number of courses of treatment dentists perform.

The commitment of the Government is to introduce a new dental contract that focuses on improving the quality of care patients receive and is part of the wider plans to modernise the NHS.

Health Secretary Andrew Lansley said:

“It is vital that patients receive high quality dental care and we are committed to promoting good oral health and preventing dental decay, especially in children.

“The Government believes dentists should get paid for the quality of treatment they provide rather than simply for the number of treatments. This is not only better for patients, but also a better use of NHS resources.

“The pilot sites will test different ways of putting this approach into practice. What we learn from this process will inform the new contract.”

Professor Jimmy Steele, who is a member of the National Steering Group that developed the pilot proposals, said:

“It is vital that any further changes to dental contracting are piloted prior to the introduction of a new dental contract. It is heartening to see the profession engaging so positively in the pilot process.

“Oral health has improved but the risks of decay and gum disease are still high for many people. It is now time to focus attention on achieving healthy mouths as our outcome and not just volumes of treatment provided.”

IDH & ADP have the following practices trialing the new dental contract;

ADP, Kilkenny House, Cheddon Road, Taunton, TA2 7PH
ADP, 13 Victoria Avenue, Cambridge, CB4 1EG
IDH, Grangewood Family Dental Practice, 146 Bramcote Lane, Wollaton, Nottingham, NG8 2QP
IDH, Whitecross Dental Care, 18 Nook Street, Workington, Cumbria, CA14 4DX
IDH, The Shires Dental Centre, 9 Headlands, Kettering, NN15 7ER

IDH Join Forces with Tesco

23 August 2011

IDH Join Forces with Tesco

We are pleased to announce that with effect from 23rd August 2011, IDH have joined forces with the supermarket chain Tesco, to provide dentistry from brand new practices located within their Extra stores.

Initially IDH will be opening two trial practices; a private practice in Sunbury, Surrey and a NHS/Private practice in Corstorphine, Edinburgh.

It has taken many months of planning and hard work by both companies to get to this stage and now that the contracts have been signed its all systems go…

With Sunbury we are currently working towards an opening date of Monday 21st November 2011. Between now and then space within the store’s stockroom will be transformed into a state of the art new practice.

Due to the longer timescales involved in planning permission and building warrants in Scotland the Corstorphine store practice will aim to open in the early part of next year.

This is an exciting time for IDH and sees the start of what we hope will be a long and fruitful partnership with Tesco, marking a change in the way dentistry is delivered, stepping into the future and leading the way in customer service.

We are all looking forward to the launch of our first practice and will keep you posted with our progress.

IDH attendance confirmed for the BOS Conference

22 July 2011

IDH are pleased to confirm that we will have a presence at the British Orthodontic Conference (BOS) 25-27 September 2011 at Harrogate International Conference Centre

This year the BOS celebrate the 25th anniversary of the British Orthodontic Conference. Since the first joint meeting of the BAO and BSSO held in Bournemouth in 1986, the Conference has become the largest and most prestigious specialist meeting in the UK dental calendar. The 2011 conference programme includes some of the world’s most eminent speakers, from the UK and Europe as well as from Australia and Japan, covering a multitude of subjects and interests.

Please visit our stand, number 26, to find out the latest & future developments for IDH and for further information regarding the event please visit the BOS website: http://www.bos.org.uk

The Carlyle Group, in partnership with Palamon Capital Partners is to merge IDH & ADP

28 January 2011

The Carlyle Group, in partnership with Palamon Capital Partners, is to acquire dental service provider Integrated Dental Holdings and merge it with Associated Dental Practices
Carlyle and Palamon will grow the business through significant investment, diversification of services and acquisitions

London – 28th January 2011 – Global alternative asset manager The Carlyle Group (Carlyle) announced today that it has signed a binding agreement to acquire Integrated Dental Holdings (IDH), from Bank of America Merrill Lynch Capital Partners (BAMLCP), and simultaneously merge it with Associated Dental Practices (ADP) in partnership with private equity firm Palamon Capital Partners (Palamon). Carlyle will hold a majority of the newly combined entity and Palamon will share joint governance. BAMLCP is fully exiting its stake in IDH. The proposed merger of IDH and ADP is subject to relevant regulatory approval. Financial details were not disclosed.
IDH and ADP are two leading providers of dental care in the UK, primarily focused on NHS dentistry, with close to 450 practices treating more than 3.5 million patients per year. Carlyle and Palamon will invest in the business to expand the number of practices, enhance the quality of patient care and grow NHS, private and specialist dental services. Furthermore, this investment will facilitate the company’s diversification into other primary care services and cosmetic treatments.
“Carlyle and Palamon have recognized that IDH and ADP are high-quality businesses with significant growth potential. This investment will allow us to provide more services across more practices with better quality of patient care in dentistry and potentially other primary healthcare fields too.” said Richard Smith, CEO of IDH, who will lead the combined entity. “Furthermore, the merger with ADP is a particularly exciting and progressive step for both organizations in terms of career opportunities and development for the management, dentists and support staff.” Mr Smith has extensive experience in the healthcare industry, and was formerly the Managing Director of Lloyds Pharmacy, where he led the development of the largest community pharmacy chain in the UK.
“Carlyle and Palamon’s combined financial strength, extensive network, and track record in the management of healthcare companies are great assets to IDH and ADP” said David Hillier, CEO of ADP. “We are delighted that our partnership with Palamon will continue and look forward to working with Carlyle.”
Eric Kump, Managing Director of Carlyle Europe Partners, commented, “IDH and ADP are UK market leaders in NHS dentistry and a merger between the businesses creates a wealth of opportunities for the new entity. We are delighted to have facilitated this unique transaction as we see long term growth potential in the dental services sector. We are looking forward to working with the NHS to enhance patient access and value for services as well as provide the highest standards of care. Furthermore, we believe the business has the capability to extend into other local primary care areas consistent with the government’s stated objectives.”
Jonathan Heathcote, Partner at Palamon Capital Partners, said “We are delighted with our involvement in this significant transaction. It builds on our investment thesis focused on opportunities in the European healthcare services sector. We look forward to partnering with Carlyle in helping this combined business reach its full potential.”
Matthew Turner, Managing Director of BAMLCP, said “We are exceptionally proud of our achievements with IDH and delighted to have found strong new partners for the business who we believe have the capability to further build on IDH’s track record. We wish Carlyle and Palamon every success with their plans to merge the business with ADP and take the business to the next level.”
New equity for this transaction comes from Carlyle Europe Partners III (CEP III), a €5.4 billion buyout fund focused on investment opportunities in Europe. The fund made five investments in 2010 – a portfolio of Primondo Specialty Group’s retail businesses, B&B Hotel Group (hotel chain), Giannoni (manufacturer of stainless steel heat exchangers), NBTY (manufacturer of vitamins and nutritional supplements and parent company of Holland and Barratt) and Commscope (infrastructure solution provider for communications networks).
Palamon Capital Partners had invested in ADP through its second fund, Palamon European Equity II, a mid-market pan-European fund focused on growth services businesses. In 2010 Palamon’s portfolio company profits grew by an average of 38%, whilst at the same time the Firm concluded six realisations generating almost €450 million of proceeds.

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Transaction advisors to Palamon and Carlyle
M&A Advisors: DC Advisory
Legal advisors: Slaughter and May and Linklaters
Financial due diligence and tax: PriceWaterhouseCoopers
Financing Banks: ING, Bank of Ireland, LBG and SG
Transaction advisors to BAMLCP
M&A Advisors: Bank of America Merrill Lynch, Hawkpoint
Legal Advisors: Clifford Chance, CMS Cameron McKenna
Financial due diligence and tax: for KPMG

Contacts
The Carlyle Group
Rosanna Konarzewski rosanna.konarzewski@carlyle.com
+44 20 7894 1632

Palamon Capital Partners
Annette Wilson, wilson@palamon.com
+4420 776 62000

IDH & ADP
Erica Kilburn erica.kilburn@ekcommunications.net
+44 796 878 8846

About The Carlyle Group
The Carlyle Group is a global alternative asset manager with $97.7 billion of assets under management committed to 76 funds as of September 30, 2010. Carlyle invests across three asset classes – private equity, real estate and credit alternatives – in Africa, Asia, Australia, Europe, North America and South America focusing on aerospace & defense, automotive & transportation, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, technology & business services and telecommunications & media. Since 1987, the firm has invested $64.7 billion of equity in 1015 transactions. The Carlyle Group employs more than 900 people in 19 countries. As of June 30, 2009, in the aggregate, Carlyle portfolio companies have more than $84 billion in revenue and employ more than 398,000 people around the world. Web: www.carlyle.com Case Studies: www.carlylegroupcreatesvalue.com Video: www.youtube.com/OneCarlyle

About Palamon Capital Partners
Palamon Capital Partners, LP is an independent private equity Partnership founded in 1999, which is focused on providing equity for European growth services companies. Palamon, as a pan-European investor, originates, executes and manages investments in the UK, Italy, Spain, Denmark, Belgium, Sweden, France, and Germany. The Firm targets investments in companies where it can be the lead private equity provider and where the Partnership’s experienced principals can provide strategic direction and support to help build equity value. The Firm manages Palamon European Equity, L.P. and Palamon European Equity II, L.P., capitalised at €1.1 billion, and making up one of the largest pools of private equity capital dedicated to growth investment opportunities in Europe’s mid market arena. Investors in Palamon funds are based mainly in the US and Europe and are among the most significant investment institutions in the world. For more information on Palamon refer to www.palamon.com

About Integrated Dental Holdings
IDH is one of the UK’s leading Dental Groups, with 2 million patients and a network of over 315 practices nationwide. IDH believes that our growing ‘Group’ philosophy is the way forward in Dental Care; sharing standards, clinical excellence, increased employee opportunities and better training. Ultimately, it is the goal to become number one, leading the way in patient care and choice, encouraging practices to come on-board, sharing the benefits of such a unique network can offer and to offer PCTs across the Country, partnerships built on outstanding delivery and standards. For more information on IDH refer to www.idhgroup.co.uk

About Associated Dental Practices
ADP is one of the largest UK dental chains and a major provider of NHS dentistry in the UK with approximately 125 practices serving 1.5 million patients. ADP is committed to NHS dentistry and to expanding its services through working closely with Strategic Health Authorities and Primary Care Trusts across the UK to create new NHS dental practices and additional dental access for NHS patients. For more information on ADP refer to www.adp-dental.com