Meridian Deal Partners · Principal Review Memo
Confidential · Redacted · Cycle 06 · Jun 2026

Northbridge Specialty Clinics

Healthcare services · United Kingdom · Founder succession signal

Decision: Review Confidence: High Control or structured minority

Mandate fit

Regional specialist-care platform with founder-transition timing, recurring demand, and add-on density aligned to the client's healthcare-services mandate.

Source trail

Primary pathAdvisor channel — proprietary introduction
OwnershipConfirmed founder-majority; succession dialogue active
Process heatLow — not broadly marketed

Key metrics (non-advisory estimates)

Revenue$41M
EV$92M
Equity check$25M – $40M

Risks & unknowns

Principal decision

Approve advisor outreach and one management-reference sequence. Open diligence only if ownership quality and pricing discipline survive first external check.