Riverdale Healthcare, which is backed by Apposite Capital, said Sept. 3 that it acquired Archway Dental Practice. Financial terms weren’t announced. Archway, of Stokesley, North Yorkshire, provides NHS dental care via three treatment rooms.
Apposite Capital-backed Riverdale Healthcare acquired Third Practice in North Yorkshire
London, UK – 3rd September 2019. Apposite Capital, the healthcare specialist private equity investor, today announced that its dentistry group, Riverdale Healthcare, has acquired Archway Dental Practice in Stokesley, North Yorkshire.
Archway Dental Practice was founded by dentist, Mark Amos and moved into its current building in 2009, providing NHS dental care via three treatment rooms. The acquisition of the practice follows the acquisitions of Hebburn and Pelaw dental practices in Tyne & Wear one month ago, further strengthening the group footprint in North East England.
Ian Gordon, Managing Director said, “Having worked closely with Mark Amos and his team for several years it is a pleasure to have them join the wider group on a formal footing. We have lots of exciting projects coming up which will expand the number of treatment rooms and the treatment offered to patients as well as the opportunities available to the Archway team.”
Chris Aylward, Chief Investment Officer of Riverdale Healthcare comments, “This third acquisition highlights our ambition to further expand in the North East. We are pleased to welcome the Archway practice to the group and are looking forward to working together with the team to continue delivering high quality dental services to patients.”
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.