VSS Capital Partners announced that it invested in Olympus Cosmetic Group. Financial terms of the private transaction were not disclosed.
Olympus Cosmetic Group provides comprehensive cosmetic surgery, dermatological treatments and non-surgical cosmetic procedures. The company is structured as a management services organization. Headquartered in Jacksonville, Florida, Olympus’ doctors provide a complete range of facelift, abdominoplasty, breast augmentation, breast lift, liposuction, injectables, non-surgical aesthetic treatments and body contouring, among others, from state-of-the-art facilities.
VSS is a private investment firm that invests in the healthcare, information, business services and education industries. The firm provides capital for growth financing, recapitalizations, strategic acquisitions and buyouts to lower middle-market companies and management teams with the goal of building companies organically as well as through acquisitions.
Lodestone Advisors served as financial advisor and McDermott Will & Emery provided counsel to the founders of Olympus. Holland & Knight provided counsel to VSS.
According to data captured in the LevinPro HC database, there have been 275 Physician Medical Groups transactions throughout 2023, 12 of them in the plastic surgery specialty. This also marks VSS Capital Partners’ first acquisition of the year.
