Buying a practice can be a daunting process. Don’t worry though - we’ve worked on hundreds of transactions and we’re here to support you.
Ethical, plain-speaking and expert legal advice
We understand your needs as you take this important step. Our job as specialist dental practice purchase solicitors is to give you the best advice and make sure we use our expertise to make the process as smooth as possible for you.
From professional independent valuations to the final handshake, we’re by your side. You'll pay a fixed fee, so you know what to expect from the outset.
We only work with dentists, so no-one knows more than us about buying a practice.
There’s no denying it: making CQC applications is a complex and time-consuming business.
In fact, it’s one of the main culprits when it comes to holding up a practice sale. You not only have to send off the forms at the right time, you have to make sure you’ve filled in the right ones in the first place. What's more, they’ll keep sending them back until you get it right.
We can guide you through this legal minefield - we’ll even work with you to complete the forms so there’s no annoying to-ing and fro-ing.
Unlike a lot of other firms, our fixed fee includes this service.
The sale agreement is the heart of any transaction.
We’ll make sure your agreement correctly lists the assets that you’re buying (and those you’re not), deals with the the transfer of employees, contains appropriate and fair warranties and indemnities, correctly transfers any relevant NHS contract and contains reasonable binding out provisions. We’ll liaise with your lenders and advisers to meet any preconditions they might ask for.
Above all, we’ll make sure you understand what you’re being asked to sign.
When you buy a dental practice, you’ll need to deal with the connected freehold or leasehold property - and it’s another element that can slow things down.
Our dedicated commercial property specialists can handle all your property needs in-house, swiftly and professionally.
Partnership, expense share and shareholder agreements
Will your new practice be under shared ownership? When it’s all new and exciting, it’s easy to gloss over the details of how this will work in practice.
We can help draft the vital contracts that agree how the practice will be run, how profit and loss will be divided, how expenses will be shared and what happens if a principal retires, becomes ill or dies.
A written agreement is an essential safeguard for both principal and associate. Without it, there’s uncertainty and at worst, costly disputes.
For a fixed fee, we can review your proposed agreement to make sure it’s even-handed and has no hidden surprises.
Our senior legal team
With more than 15 years’ experience of helping dentists with their commercial legal needs, Stephen focuses on getting the job done quickly, correctly and with the minimum of fuss. When we ask our clients for feedback, they always praise the way he combines comprehensive knowledge of the sector with a friendly, approachable personality.
Stephen is a director of PFM Dental and leads the legal team.
Everyone who works with Laura enjoys her client-centred approach. Her favourite part of the job is listening carefully to a client’s needs and working out the best way of getting them where they want to be.
As a commercial solicitor, Laura has worked in a number of different sectors but she’ now dedicated exclusively to dental clients. Her role includes handling dental practice sales and purchases, as well as issues that crop up in the day-to-day running of a practice, such as partnership, expense share and associate agreements.
Everyone who meets Adrian during their work with PFM Dental is struck by his refreshing plain English style. He’s a chartered legal executive with more than 25 years’ experience in the legal services commercial property sector and has accumulated a wealth of commercial insight. What that means to clients is that you’ll get meaningful advice that drives to the kernel of any situation.
Clients have described Adrian as ‘a complete professional’ who ‘understands clients’ problems and provides practical solutions’.
You’re likely to come across Laura if you ask PFM Dental to handle your property matters, whether part of a practice sale or a standalone issue. Laura has worked in commercial property since she qualified in 2012. She is experienced in dealing with acquisitions and disposals of freehold property, acting on behalf of both landlords and tenants in their leasehold matters (such as the grant of a new lease, lease renewal, surrender or assignment of a lease) and dealing with all aspects of commercial lending.
Kirsty focuses on processing and reviewing due diligence documents for practice sales, as well as preparing and submitting CQC applications. As a paralegal with experience in various commercial sectors, she now works exclusively for dental clients. She also helps our property lawyers with the property elements of the transactions.
We're accredited legal advisers for dentists
We pride ourselves on providing top notch professional services to our clients. We’re proud to tell you why we belong to these professional bodies.
Lexcel is the Law Society’s quality mark for practice management and client care. It’s a voluntary standard that we’ve signed up to. The mark means we meet their high standards, giving you peace of mind.
Only recognised dental specialists can join The Association of Specialist Providers to Dentists. As members we’re guaranteed to understand dentists’ particular needs, problems and opportunities.
The National Association of Commercial Finance Brokers (NACFB) is the national trade body for brokers who arrange finance for businesses. NACFB promotes the highest industry and regulatory standards.
Chartered status is our industry’s gold standard for quality and integrity. No other financial planning firm offering advice exclusively for dentists has this badge of excellence.
The Institute of Chartered Accountants in England and Wales (ICAEW) believes accountancy is a force for positive economic change and works to promote trust in business. Membership means we’ve passed a premium qualification and have access to its world-leading resources.