Steele Raymond Advises on Sale of MouthPeace in Wimborne
by Nick Davies, 20 December 2016
The sale of a long established Wimborne-based dental practice has completed in a deal supported by Bournemouth commercial solicitors at Steele Raymond.
MouthPeace Dental was established 39 years ago in 1978 by Dr Henry Fardell and grew rapidly to form the heart of the local community, serving multiple generations of families across the region.
In addition to the sale of the business and its assets the deal also included the transfer of all of the employees and consultants from MouthPeace Dental to the new owner, Graham Browning.
Discussing the sale Dr Henry Fardell said: “I’m delighted. After being at the heart of the Wimborne community for nearly 40 years it was always going to be a very difficult decision to make. Having thought about it long and hard I felt that the time was right to move on.”
An experienced legal team from leading Bournemouth commercial solicitors Steele Raymond LLP provided comprehensive support and advice on the sale of the business and its assets including commercial property advice (relating to the grant of a new lease), business law and advice on employment law.
Dr Fardell continued: “The commercial legal advice provided to me by the team at Steele Raymond has been of huge value throughout this sale. As they have been involved in a number of sales of dental practices previously the Steele Raymond team was able to anticipate any challenges that we may have faced and dealt with them early on. Their commercial advice was first-class.”
Nick said: “Having acted in a number of dental practice transactions locally over the years we understand that these situations present some unique challenges. It is always satisfying to be able to act in transactions like these, and ensure they run as smoothly as possible. We were delighted to support Dr Fardell in this transaction and to help him achieve his desired outcome. MouthPeace, Wimborne has become a real feature of the Wimborne landscape over the years and we wish the new owner well and continued success in the future”
Dr Henry Fardell continues to own MouthPeace, Wool which did not form part of the sale to Graham Browning.
The prospect of buying or selling a dental practice or starting your own business can be daunting. Our commercial team have many years of experience in acting for dentists and healthcare professionals on a wide range of commercial matters, in particular specialising in the sale and purchase of dental practices. For further details contact Nick Davies on 01202 204576 or email firstname.lastname@example.org or call Chris Twaits on 01202 204519 or email email@example.com.