Apposite Capital-backed Riverdale Healthcare acquired Framwellgate Dental Surgery from previous owners Mark Warner and Panos Plevrakis. Riverdale Healthcare operates 18 dental practices around the northeast of England. Riverdale Healthcare is led by CEO Mark Seekings.
Apposite Capital, the healthcare specialist private equity investor, today announced that its dentistry group, Riverdale Healthcare, has acquired Framwellgate Dental Surgery in Durham City, further expanding in the North East of England.
Riverdale Healthcare currently operates 18 dental practices around the North East of England delivering both NHS and private dental care. The acquisition of Framwellgate from previous owners dentist Mark Warner and Panos Plevrakis, enables the group to support the region’s next generation of dentists as the practice is a Foundation Training centre.
Mr Warner said, “After meeting with Riverdale, I was convinced joining the group would provide the best support and fit for the practice going forward. We are an ambitious practice and want to continue to develop the practice and with support from Riverdale, we can continue to grow and develop for the benefit of both our team and patients.”
Chris Aylward, Chief Investment Officer of Riverdale Healthcare commented, “We are really excited to have the team at Framwellgate join our group. Mark and Panos have developed a great dental practice with a fantastic team of professionals who share the same passion and commitment as we do. We are really looking forward to supporting the team in developing their patient focused dental service.”
Riverdale Healthcare is a new dentistry investment group with an industry-leading management team led by CEO Mark Seekings and backed by Apposite Capital. The team is selectively investing in ambitious dental practices that share the same ethos and core values of Riverdale Healthcare to provide high quality, ethical dentistry.