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Light Centre secures £1.6 million to launch 10 new wellbeing centres across London
Middleton Enterprises, a UK-based family investment office, has committed £1.6 million (US$2.1 million, €1.9 million) in funding to the Light Centre – a network of medical, therapeutic and wellbeing centres with four locations in London.
The funding will be used to open more than 10 new Light Centre destinations over the next 5 years, joining the brand's existing portfolio of sites in Belgravia, Marylebone, Clapham and Monument.
The Light Centre, established in 2004 by osteopath and naturopath Mark Thompson, offers a variety of medical and complementary treatments administered by qualified therapists and medical professionals. The centres provide therapy rooms for hire, along with marketing support and networking opportunities to help therapists build successful practices.
Thompson said: “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.”
Thompson says the Light Centre has led to the development of a community of practitioners which provides 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, added: “We identified the Light Centre as a leader in its field. It has a phenomenal track record in attracting and 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.”
More about Middleton Enterprises
Middleton Enterprises is a family-owned business with offices in London and Newcastle Upon-Tyne. In addition to the Light Centre, its Growth Capital portfolio includes SushiDog, OneGym, Upholstery2U, Alertacall and One Utility Bill.
The firm invests between £500,000 (US$648,000, €595,000) and £2 million (US$2.6 million, €2.4 million) in proven, profitable SME’s and entrepreneurs across the UK. It supports businesses as they scale up, provides ongoing advice and creates growth plans and strategies, as well as offering advice on other operational considerations.
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