Riverdale Healthcare snaps up major dental group | National Deals News



Riverdale Healthcare has expanded with the acquisition of a dental group which has almost 90 surgeries across the UK.

Hanji Dental Group is a mixed income dental business with a total of 88 surgeries spread across 18 trading dental practices in Birmingham, Manchester, Staffordshire, South Yorkshire, and the East Midlands.

The group was established by Dr Kiran Hanji in 2007, who integrated practices into four urban clusters over a 15-year period. It was recently brought to market to allow Hanji to step back from practice ownership and spend more time with his family.

Riverdale Healthcare now owns 59 practices and a dental laboratory.

Chris Aylward, chief investment officer at Riverdale, said: “This is a fantastic group of practices that further strengthens our proposition as a leading provider of dental care.

“Hanji Dental has become one of the leading independent dental groups in the country. Therefore, we are delighted to be welcoming their clinical and practice teams into the Riverdale family.”

The business was purchased in a confidential sales process through Christie & Co.

Hanji said: “I have known Jonathan, Tom and the team at Christie & Co for many years, having bought my first practice in the group through them, as well as the last three acquisitions in the North.

“I have no doubt that they are the best team in the industry and are just great people to deal with. They knew exactly what I wanted from the sale and were able to complete the deal, alongside my lawyer Alex Hall from Meade King, in just five weeks. I am over the moon with the result.”

Jonathan Watson, director – medical at Christie & Co, added: “The deal-time is potentially ground-breaking for the industry, and I am thrilled that Kiran and his family have been able to conclude the process in such a quick time frame.”

Teams from Mills & Reeve and PWC also worked on the deal. The transaction was supported by Apposite Capital.

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