December 2018
Riverdale Healthcare
Apposite Capital
Adviser to Riverdale Healthcare, backed by Apposite Capital, on their investment in Alpha Vitality
£undisclosed
Grant Thornton team
Private sector healthcare
Buy side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised Riverdale Healthcare on their investment in Alpha Vitality, backed by Apposite Capital

Riverdale Healthcare is an experienced dental management team, who had a vision to create a leading dental consolidation platform with patient service and clinical excellence at the heart of their ethos. Riverdale approached our healthcare team to help them realise their vision, secure funding and identify suitable investment targets. 

We helped refine the business plan and conducted an investment search to identify a suitable platform. Alpha Vitality was identified and represented the ideal strategic fit with perfectly aligned strategic ambitions. Alpha Vitality is a 10 site dental group in the north of England, with a good mix of NHS and private business and a great reputation for clinical excellence and training. 

We also identified Apposite Capital as the private equity partner, who as a healthcare focused investor had also been looking for the right dental opportunity and view the Riverdale and Alpha Vitality as the ideal platform to build from. The final piece was the debt funding secured for the initial deal and subsequent acquisitions from Metro bank. 

Testimonials
"We want to thank the London Grant Thornton corporate finance team for their exceptional support and commitment throughout this transaction. Their impressive market knowledge facilitated us finding a dental group with the perfect strategic fit and also enabled us to partner with equity and debt providers that have excellent sector presence."
Mark Seekings Chairman and CEO, Riverdale Healthcare Limited
“The coming together of Riverdale’s highly experienced management team, Apposite’s investment specialism and the Alpha Vitality business illustrates real innovation in the dental market. I am delighted to a have advised on this deal and am excited to see how the newly formed business evolves.”
Peter Jennings Head of Private Healthcare, Grant Thornton