Ascend Plastic Surgery Partners announced that it has acquired Ponte Vedra Plastic Surgery, expanding its footprint into Florida.
Ponte Vedra Plastic Surgery is a cosmetic and reconstructive surgery center serving patients in North Florida and South Georgia. According to its website, the practice has six providers on staff.
Ascend Plastic Surgery Partners is an Atlanta-based management services organization formed by private equity firm Sheridan Capital Partners in October 2023. The plastic surgery firm has practices in Alabama, South Carolina, Utah and New Mexico.
Ponte Vedra Plastic Surgery was advised by Westcove Partners and Advos Legal. Ascend was advised by McDermott Will & Emery and Berkley Research Group. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this transaction marks the 147th Physician Medical Group (PMG) deal of 2024, and the fifth in the plastic surgery specialty. Throughout 2023, 537 PMG and 21 plastic surgery transactions were reported.
