Dow Schofield Watts has advised the shareholders of Raphael Healthcare on RJD Partners £6.1 million development capital investment in a deal that values the company at £30 million.  

Raphael Healthcare was established in Runcorn, Cheshire, in 2004 by Chief Executive Arthur Robinson (a former psychiatric and general nurse and onetime government Director of Mental Health) and Chairman John Lamb (a serial healthcare entrepreneur). They are both retaining their equity investments and will continue to run the company.  

The company opened its first 30 bed hospital, the Farndon Unit, in Newark, Nottinghamshire in 2006. Since then, the team has expanded the premises to 41 beds comprising a 7 bed rehabilitation ward, an 8 bed Psychiatric Intensive Care Unit and 26 low secure beds. The hospital is now a preferred supplier to Primary Care Trusts in the East Midlands, West Midlands and the South West. Raphael employs 101 people.

John Dillon, who led the deal for RJD together with Alex Hay, will join Raphael Healthcare’s board as non-executive director.  

Arthur Robinson said “We are ambitious to grow the Raphael service offering and welcome RJD as an investor to help fulfil our strategic vision and leverage the strong brand and reputation that has been established to date.”