DSA PROSPECT CASE STUDY
Corus' Investment in Byrnes Dental Laboratory Ltd.
Directors Gary McHale and Nick Longford advise The Byrnes Dental Laboratory Ltd on its significant investment from Corus.
Client Profile
The Byrnes Dental Laboratory Ltd.
Byrnes Dental Lab is a cutting edge, digital dental lab that is revolutionising the way the industry works. Their unique vision, approach and ethos ensures their work and services are the very highest standard. Using the latest technologies in the world of digital dentistry, Byrnes Dental Lab has the ability to work with clients around the globe.
Innovation and a passion for high-tech state-of-the-art manufacturing have placed husband-and-wife partnership Ashley and Alison Byrne along with their impressive team as leaders across the UK and Europe in world-class dental technology.
Incorporated in 2006 and family-run ever since, Byrnes Dental Lab became a DSA Prospect client in 2014. Since then we’ve supported the business through a period of notable growth and strategic restructure as they’ve continued to prove themselves as leaders in the digital dental marketplace.
How DSA Prospect supported this deal:
Hands-on transaction support
Effective deal structuring advisory
Financial and taxation due diligence
Legal/statutory document review and commentary
Specialist taxation advice and assistance with tax efficient exit
Ongoing compliance and advisory support under new ownership
We have worked with DSA Prospect for over 10 years, and they have been pivotal in helping us grow from a small business to a market leading industry expert of fifty people.
When the opportunity arose for us to integrate with a European group, DSA was the first call we made. Gary, Nick, and their team not only helped with all aspects of accounting and finance, but connected us to their trusted network of legal, personal, and currency advisers – everyone we needed to get the deal done!
This incredible level of expertise and service made the transaction seamless and ensured they looked after all our interests. DSA Prospect went above and beyond for our company and will now continue to play a key role as we expand into the UK market.
Ashley Byrnes, The Byrnes Dental Laboratory Ltd.
“We’re delighted to have been involved in such an efficient, enjoyable transaction leading to a great outcome for a wonderful long-standing client. The pragmatic and professional approach from all parties was extremely refreshing and we look forward to our continued relationship with both Byrnes Dental and the Corus Group going forward”
- Gary McHale, Director DSA Prospect
Investor Profile
Corus
Founded in 2015, Corus is the leading European group at the forefront of dental prosthetic and orthodontic solutions. Offering a fully integrated digital platform for clinicians interacting with laboratories and patients, they promote the professional development of dentists and clinics through innovative protocols, products, services, training and education.
With a team of more than 1,700 professionals and 80 laboratories, Corus unites the knowledge and talent of the best dental technicians serving over 13,000 dental practices. Their merger with Byrnes Dental Lab is a pivotal moment in their expansion and the first step to further planned growth across the UK.
DSA Prospect are looking forward to continue working with Byrnes Dental Lab in a compliance and advisory capacity under its new ownership.
DSA Prospect and Herrington Carmichael have advised Byrnes Dental Lab on the transaction | BDO and Steven & Bolton have advised Corus
Everyone at Byrnes Dental is incredibly excited to join the Corus family, working alongside many of Europe’s leading dental labs. This will enhance and improve our offering to new levels of high-end technical dentistry for our clients and patients.
This move will enhance our skills, consolidate our position as leaders in Europe, and allure other entrepreneurs willing to write together a new chapter in advanced digital dentistry for benefit of dentists and the patients.
Byrnes Dental Lab has an incredible team. We share values and vision. Driven by innovation and high-tech state-of-the-art manufacturing processes and services, they have been leading digitalization of modern odontology in the UK.
The 4 pillars of our support services
Bespoke Approach
Offering accounting and business services, support and advice tailored to your individual needs
Real People
Our owner-managed team is here to support and guide your journey backed by our extensive experience.
Strategic Insight
We use our strategic perspective, in-depth knowledge and highly analytical approach to ensure the best results.
Trust & Reliability
Building our reputation for over a decade, we give clients peace of mind knowing that we're on their team.