Abano buys three dental practices in first quarter as trading mixed

Sun, 24 Sep 2017

By Paul McBeth Sept. 25 (BusinessDesk) - Abano Healthcare bought three new dental practices in the first three months of its financial year, in a period when same-store sales were mixed. Chief executive Richard Keys told shareholders at today's annual meeting that the healthcare investor has completed three acquisitions in the first quarter, which are expected to generate $5.5 million of annual gross revenue. The company raised $35 million of new capital last month to speed up its buying programme, and Keys said the firm expects to meet...

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