Oasis Owner Said to Hire Rothschild and Moelis to Weigh Sale

  • Bridgepoint said to also consider selling shares in Oasis
  • Dental care chain may be valued at over 500 million pounds

Bridgepoint has hired Rothschild & Co. and Moelis & Co. to advise on options for its dental-care services business Oasis Healthcare Ltd., according to people with knowledge of the matter.

Options include a sale of the U.K. chain or an initial public offering, which could value closely held Oasis at more than 500 million pounds ($732 million), the people said, asking not to be named because the discussions are private. The deliberations are at an early stage, and no official process has started, the people said.

Bridgepoint acquired Oasis in 2013 for 219 million euros ($248 million). Founded in 1996, the business offers services to both private patients and the National Health Service. It has more than 300 practices across the U.K., according to its website.

Representatives for Bridgepoint, Rothschild and Moelis declined to comment.