Family investment office firm, Middleton Enterprises, with offices in Newcastle and London, today announced its £1.6m funding of the Light Centre, a chain of medical, therapeutic and wellbeing centres with four attractive locations across London, including Belgravia, Marylebone and the City of London. The investment from Middleton Enterprises will support a programme of expansion that will see the Light Centre open more than 10 new sites over the next 5 years.
The Light Centre is a medical, therapeutic and wellbeing centre that offers a complete range of medical and complementary treatments delivered by qualified therapists and medical professionals. The Light Centre provides therapy rooms and spaces that therapists can hire to run their own practices. It also provides the marketing support and networking opportunities therapists need to develop a successful practice, leaving them to focus on offering a first-class experience. The centres are based in attractive, high footfall London locations, providing therapists with access to customers looking to invest in health & wellness, aesthetics and private medical treatments.
Founded in 2004 by Mark Thompson, an Osteopath and Naturopath, the Light Centre has a well-established business model that continues to flourish in the burgeoning wellness, aesthetics and medical space. It has led to the development of a community of practitioners able to provide customers with access to different services via a network of cross referrals. The funding will ensure the growth of that community across multiple sites throughout London.
James Middleton, Investment Manager at Middleton Enterprises, explained: "We identified the Light Centre as a leader in its field. It has a phenomenal track record in attracting & retaining practitioners and encouraging them to grow their businesses. It's a proven model that provides the foundations for new practices at a time when more people are spending money on self-care, alternative therapies and private medicine. The strength of Mark's vision combined with the operational experience of the CEO Olga Allon, makes the Light Centre ideal for our investment strategy, and we're looking forward to supporting the business as it continues to grow."
Mark Thompson, Founder and Owner of the Light Centre, said: "We are very proud of our achievements. We have some of the best locations and facilities in London that provide practitioners with a great environment to work in. But we understand what it takes to build a thriving practice. That's why we're dedicated to helping practitioners, by giving them the resources they need to attract and retain customers and build their reputation. The growth capital investment will allow us to replicate our model, open new sites, and offer spaces to new practitioners that will bolster the community we've helped to establish.
Middleton Enterprises is a family-owned business with offices in both London and Newcastle Upon-Tyne. In addition to the Light Centre, its Growth Capital portfolio includes SushiDog, the fast-growing QSR chain and OneGym, one of the fastest-growing regional gym chains in the UK. Other companies include Upholstery2U, a mobile furniture repair specialist, Alertacall, a provider of digital engagement and contact solutions to housing associations and One Utility Bill, a digital platform that creates, quotes, and sets bill packages for properties and tenants.
