“We are delighted to have the support of MSIF as we continue our development. I was extremely impressed with the way MSIF conduct their business, they have a can-do attitude and provide far more than just investment.
They helped us source two of our current directors and continue to provide invaluable advice as we take the business forward.” Dr Vijay, founder, Evodental Limited
Huyton-based Evodental specialises in extensive and complex dental implant work as an alternative to conventional bridges or dentures. Using cutting edge technology and biomaterials, and the latest clinical techniques Evodental treats patients who typically require total jaw replacement implant retained teeth as a result of severe tooth decay, gum disease, facial bone loss or damage caused through neglect, medical problems or accident.
The business was founded in 2008 by Dr R P Vijayanarayanan (known as Dr Vijay). He runs the business alongside his brother Manoj and co-directors Steve O’Brien, Professor Paul Coulthard, Paul Coburn and Andrew Thirkill.
MSIF provided around £1m equity funding which has been used to improve the laboratory and enable Evodental to roll out further clinics throughout the UK. MSIF was also instrumental in sourcing new directors to strengthen the management team.
Evodental is now one of the market leaders for dental implant placement and therapy. Within the first year of MSIF’s investment, sales grew significantly with an increase of 50% from the previous year totalling in excess of £2million. The business has now also opened a clinic in London.