Archway Dental Practice sold to Riverdale Healthcare
Specialist business property adviser, Christie & Co has completed on the sale of Archway Dental Practice to Riverdale Healthcare. The practice is located in the busy market town of Stokesley, 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 by Riverdale Healthcare, who are based in the North East of England, will secure the future for the team, with plans to expand the number of treatment rooms to accommodate the needs of the patients.
Ian Gordon, Managing Director of Riverdale Healthcare said, “Having worked closely with Mark 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 treatment offered to patients and the opportunities available to the Archway team."
Chris Aylward, Chief Investment Officer of Riverdale Healthcare comments, “We are thrilled with the smooth acquisition process provided by Christie & Co. The team have once again ensured that all parties involved, including Apposite Capital, were clear in communication and expectations.”
Paul Graham, Head of Dental at Christie & Co brokered the sale and adds, “We were delighted to broker a deal between Archway Dental Practice and Riverdale Healthcare. One of the things Mark mentioned to me during our first meeting was the prerequisite that the practice would be sold to someone that shared the same ethos with respect to quality dentistry and patient care, all values that Riverdale Healthcare embody. The transaction went as smoothly as possible, and we were pleased to work with everyone involved.”
