Bayfields targets expansion with investment
Author: Andrew McClean
Bayfields Opticians and Audiologists has secured funding that will be used to roll out its audiology services and support acquisition plans to double its practices.
A four-year deal with investment company BGF, which said that there is significant opportunity for growth through acquisitions in the sector.
Royston Bayfield, founder and CEO of Bayfields, said: ‘The deal was completed in March before lockdown, but our values are more important than ever in the current climate.
‘We have been working extremely hard to create cutting-edge and unique client consultation processes to guarantee that healthcare appointments are Covid-19 secure, bringing together absolute safety without compromising service.
‘As such, we have introduced BaySafe, our propriety brand, that signifies clinical excellence. This offers clients the confidence to manage and deal with eye strain, head pain, or less than perfect hearing in a safe and caring environment.’
Bayfields has 19 practices in areas such as County Durham, Lancashire and Surrey, 13 of which were acquired in the last four years.