On April 23, Epiphany Dermatology, a portfolio company of New York City-based private equity firm CI Capital Partners, announced that it has expanded its presence in South Carolina through its partnership with Todd Schlesinger, MD, and his team at Dermatology and Laser Center of Charleston.
Founded in 2005, Dermatology and Laser Center of Charleston provides dermatology and cosmetic services to patients in Charleston, South Carolina, and surrounding communities. The practice has two providers on staff, according to the original deal press release from April 22, 2024.
Through its partnerships with dermatologists across 90 locations in 13 states, Epiphany provides general dermatology, skin cancer care, Mohs surgery, cosmetic services and additional dermatologic services.
Through this transaction, Dermatology and Laser Center of Charleston’s providers and staff gain additional resources to help with operations, managed care, marketing, compliance, human resources, clinical training, recruiting, IT and other support services. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition represents the 158th Physician Medical Group (PMG) transaction of 2024, and the fifth in the dermatology specialty. This is a slight decline from last year, when there were 181 PMG and seven dermatology deals announced between January 1, 2023, and April 23, 2023.
