A young North Tyneside dentist has returned to his roots to acquire a first dental practice of his own.
Graham Murphy grew up in the Cullercoats community in which the Broadway Dental Practice is located, and qualified as a dentist 11 years ago.
After spending the last eight years working in South Shields, Graham has now become the owner of the popular family practice that has been owned and run by dentist Fin Godlington for the last 25 years.
All the members of the Broadway team will be continuing with the practice, with a new nurse being added to it, while Graham will be looking at introducing a number of new services along its existing provisions, such as adult orthodontics and teeth whitening.
Plans are also being put in place to set up links with an international dental charity and to carry out fundraising work on its behalf through the practice.
RMT Healthcare, the specialist healthcare division of RMT Accountants & Business Advisors, and the Healthcare team at Sintons Law Firm worked with Graham Murphy to set up and complete the acquisition. Funding to support the purchase was structured by the Royal Bank of Scotland.
He says: ÒOwning my own practice has been a long-term ambition ever since I qualified, and being able to realise this ambition in the place that I grew up is especially pleasing.
ÒThe Broadway practice is a well-established family surgery in a great area thatÕs been very well managed over the last quarter of a century, and my aim is to continue to provide the excellent levels of care that local people have enjoyed from Fin while also expanding the services we can provide.
ÒPatients are demanding more and different services from their dentists, and weÕll be looking to add new services over the coming months that will fit alongside the work that the practice team has always done, as well as growing the patient list by attracting more younger patients.
ÒIÕve worked with RMT right through my career, and having them and the Sintons team on board has taken the stress out of the acquisition process Ð their expert advice has enabled me to stay focused on the clinical side of practice operations, and I couldnÕt fault either of them.
ÒRoyal Bank of Scotland has expressed real confidence in our plans through their support for the purchase, and IÕm excited to get the chance to now take things forward.Ó
Richard Humphreys, director at RMT Healthcare, adds: ÒGraham has always had a clear idea of what he wanted from his own surgery, an idea that heÕll now be able to put into practice, and weÕre very pleased to have helped him make the move back into his own community by completing this acquisition.Ó
Amanda Maskery, partner in the Healthcare department at Sintons Law Firm, says: ÒThis dental practice has enjoyed a strong reputation in the Cullercoats community for the past 25 years and it is apt that its future has been secured by someone who hails from this very place.
ÒGraham is committed to developing and investing in the practice, which is great news for patients, and will ensure that Broadway continues to thrive for years to come. We are very pleased to have supported him with this acquisition.Ó
Sarah Thompson, Healthcare Manager at the Royal Bank of Scotland, adds: ÒGraham has a very exciting time ahead and we are delighted to help him achieve his ambition of acquiring his first dental practice.
ÒI have no doubt he will enhance the facilities available to patients at the Broadway Dental Practice and build on its already superb reputation.
ÒI have also been pleased to work with RMT Healthcare and Sintons Law Firm to combine all of our healthcare expertise to support Graham with this acquisition.Ó