DH Group new CFO appointment
Integrated Dental Holdings (“IDH” or “the Company”) announces that Nilesh K Pandya has been appointed Chief Financial Officer (“CFO”) with immediate effect. It is intended that Nilesh will also join the Board as a Director of Turnstone Equityco 1.
Nilesh has worked as Executive Director and Group CFO of private equity backed growth companies for over 18 years, and was most recently CFO of International Car Wash Group Limited, a company owned by TDR Capital, which he led through a successful sale to Roark Capital Group. Prior to this, he held senior financial roles at Skrill Group, M&S Foods, BOC Group and HSBC Investment Bank.
Tom Riall, Chief Executive Officer of IDH Group, said: “Nilesh Pandya has unrivalled experience leading the finance functions of several high-profile growth businesses over the last two decades. He will be a great asset to IDH Group as we continue to consolidate our position as the leading dental services provider in Europe. The business today is unrecognisable compared to where it was even 12 months ago. We are reporting strong growth in private revenues in {my}dentist and the turn-around of DD is now well under way.”
Nilesh Pandya said: “I am delighted to be joining IDH Group as Chief Financial Officer. Both {my}dentist and DD are strong businesses with experienced leadership teams now in place. I am excited to be joining the company at such an interesting time for the dental market and I look forward to helping IDH Group continue to build on the momentum of recent results.”
About Nilesh Pandya
For the last 18 years, Nilesh Pandya has been Chief Financial Officer of private equity backed growth businesses. He has extensive experience in acquisitions, secondary buy outs, equity and debt financing, public market bond listing and refinancing, cost management, treasury and tax.
He was most recently CFO of International Car Wash Group Limited, a company owned by TDR Capital, which he led through a successful sale to Roark Capital Group, and, before that, he played a pivotal role for Investcorp Technology Partners in the growth and sale of Skrill Holdings to CVC.
Prior to his leadership roles in PE backed companies, Nilesh was Financial Controller of M&S Foods, an Executive at HSBC Investment Bank where he advised on IPOs, mergers and acquisitions, and he began his career at KPMG. Nilesh is a member of the Institute of Chartered Accountants of England and Wales and holds a Bachelor’s degree in Politics, Philosophy and Economics from Oxford University. He lives in Buckinghamshire with his wife and two children.
About IDH Group
IDH Group is the largest provider of dentistry in Europe. It is made up of {my}dentist, a UK-wide network of over 600 dental practice, and DD, the UK’s leading single-source dental supplier, providing all product and equipment needs for some 8,000 dentists. The Group supports more than 4 million patients every year.
