Menninger Capital advises 1300SMILES Ltd
Townsville, QLD, Australia 11 March 2014 – Menninger Capital has advised 1300SMILES Ltd on the successful acquisition of its first dental practice in New South Wales, based in Cammeray, a lower north shore suburb of Sydney, approximately 5 kilometers from the central business district.
Whilst not financially material overall (given the scale of the 1300SMILES’ established operations), this practice is strategically significant as it represents a further expansion for the company into the New South Wales market. The acquisition is expected to make an immediate contribution to both profit and earnings per share.
About Menninger Capital
Menninger Capital manages exclusive global investment funds for private groups of investment partners who share our unequivocal long term value investment philosophy.
Menninger is driven by passion to be a partner of world class businesses and its corporate advisory capabilities complement its investment management activities. As a partner, we act in a constructive manner to support management teams and boards in creating long lasting shareholder value.
For more information visit www.menningercapital.com or call +61 7 4728 8000.
AFS License No. 455364.
This publication is general in nature and does not take your personal situation into consideration. You should seek financial advice specific to your situation before making any financial decision. Past performance is not a reliable indicator of future performance.
We encourage you to think of investing as a long-term pursuit.
Menninger Capital represents the investment management activities conducted by Menninger Capital Pty Limited or any of its subsidiaries. Clients will be provided Menninger Capital products or services by one or more legal entities that will be identified to clients pursuant to the contracts, agreements, offering material or other documentation relevant to such products or services.