Mornington Partners makes strategic investment in Hague Dental Supplies
Submission Date: 26/05/2021
Completion Date: 26/02/2021
Target: Hague Dental Supplies
Acquirer: Mornington Partners
Deal Value: Undisclosed
Deal Description:
Leith Mergers & Acquisitions (Leith M&A) (https://leithma.co.uk/) is delighted to announce the strategic investment in Hague Dental Supplies by Mornington Partners.
Mornington Partners is a partnership of long-term, strategic investors, committed to acquiring and growing, successful British companies.
Founded by Jim Hague in 1996 Hague Dental is a dental equipment company that specialise in project management, design and planning of dental surgeries. They offer their clients a team of engineers and technical sales staff whose knowledge of dental equipment and the industry is second to none. Now a multi-award-winning company, Hague Dental have grown to become one of the UK’s leading independent dental equipment companies.
Exact details of the transaction value will remain undisclosed, but we are able to confirm that Mornington Partners have acquired a majority stake in the company with the existing shareholders retaining a minority stake.
Leith M&A acted as exclusive M&A advisors to the shareholders of Hague Dental Supplies.
Corporate Finance Advisers: David Nelson, Managing Director, Leith Mergers & Acquisitions
Legal Advisers: Julian Harvey, Downs Solicitors LLP (Vendors)