Q & M Dental Group (Singapore) Limited has announced its entry into a non-binding memorandum of understanding for the proposed acquisition of an Australian dental group. The acquisition, valued at $92.5m (A$144.5m), involves a network of over 40 dental clinics across several Australian states and territories, including New South Wales and Victoria. The agreement was signed on 11 March 2026.
The Australian Dental Group, which employs approximately 120 dentists, offers a wide range of dental services, from general dentistry to orthodontics and implantology. The acquisition will see Q & M Dental Group acquiring 100% of the issued share capital, with the purchase price to be settled through a combination of cash, capital injection, and new ordinary shares.
The acquisition aligns with Q & M Dental Group’s strategy to expand its presence in the Asia-Pacific region, following its recent move into Thailand’s dental market. The Australian Dental Group’s established network provides a strategic base for further growth, both organically and through future acquisitions.
The sellers, comprising eight founding dentist-shareholders, will remain involved in the business, providing local expertise and supporting Q & M’s expansion plans. The acquisition also offers potential for clinician mobility within Q & M’s regional network, as Australian-trained dentists may practise in Singapore under certain conditions.
Q & M Dental Group has committed to a profit guarantee for the Australian Dental Group, with targets set over a seven-year period. The company will make further announcements as developments occur, including the signing of definitive agreements.
