DLA Piper has advised Healthcare Buying Group Limited, a company backed by The Carlyle Group and Palamon Capital Partners, on its acquisition of DBG (UK) Limited (“dbg”) from Synova Capital.
Operating for over 20 years, dbg is a specialist healthcare support services provider of training, compliance support, engineering services, materials and equipment. Using a membership-based model, dbg works alongside over 8,000 dental, GP and veterinary practices throughout the UK, and is headquartered in Winsford, Cheshire.
The Carlyle Group and Palamon Capital Partners acquired Integrated Dental Holdings ("IDH") in 2011. IDH operates the largest healthcare practise network in the UK and the transaction will allow greater co-operation with dbg. While the two businesses will be part of the same investment vehicle, dbg will remain independent and will benefit from the expertise of the investors.
The DLA Piper team was led by partner Jonathan Watkins who was supported by partner Catherine Simister and associate Anna Hopper.
Jonathan Watkins said: "We are delighted to have advised Healthcare Buying Group Limited on this transaction. The Carlyle Group and Palamon Capital have extensive experience in the healthcare sector due to the acquisition of IDH and dbg will benefit greatly from their backing."
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