Investec has provided Clyde Munro Dental Group with a further £25 million of financing to help the firm make acquisitions – taking its investment in Scotland’s biggest independent dental group to £55 million.

Clyde Munro will now embark on a period of further growth through acquisition.

Since it was created in 2015, founder Jim Hall has steered Clyde Munro from seven practices to 54 across Scotland, with more than 200 dentists, 400 staff and 460,000 patients.

Hall said: “Investec has bought into our vision from the outset. This new cash injection affirms that ourselves, our shareholders and our bank have a huge commitment to, and belief in, the Scottish dental sector.

“It also gives us the firepower required to continue our amazing growth and deliver further on our clearly-stated ambition of becoming Scotland’s local dentist.”

Stephen White, Head of Origination, Growth Capital, at Investec, said: “This funding is not only an investment in Clyde Munro, but a major boost for Scotland’s dental sector.

“We are particularly delighted with this transaction as the ESG ratchet supports our commitment to sustainable finance and are in no doubt that Clyde Munro will act as an exemplar for other firms to follow suit in practicing sustainable business.

“Clyde Munro is a business with a clear vision and we are incredibly proud to further support it as it continues to invest in its dentists, patients and individual practices.”

The Glasgow-based firm has renewed its call for principal dentists looking either for an exit or for a chance to ease the admin burden of running a business to instead focus on their clinical work, to get in touch.