Schweiger Dermatology Group Acquires United Skin Specialists
Brown Gibbons Lang & Company announced that it acted as an advisor to Schweiger Dermatology Group (SDG) in the acquisition of United Skin Specialists LLC. Tonka Bay Equity Partners LLC, a venture capital and private equity firm based in Minnetonka, Minnesota, was the seller. United Skin Specialists is a healthcare practice management group providing services to dermatology offices in the Midwest. The company has been providing patient-centric medical and cosmetic dermatology care in Illinois, Minnesota and Missouri for more than 50 years. It has 10 office locations. Founded in 2010, SDG is one of the largest group dermatology practices in the Northeast, with 110 offices and... Read More »
Albaron Partners Sells Beyond Podiatry
On January 9 it was announced that Albaron Partners LP, a middle market private equity firm, was selling Albaron Podiatry Holdings LLC d/b/a Beyond Podiatry to CUC, Inc. The transaction was valued at $87 million. Beyond Podiatry is one of the largest podiatry practice management organizations in the Midwest. In 2022 and 2023, the company purchased one practice each year. CUC is a publicly traded Japanese company that offers healthcare services in Asia and across the globe. It provides hospital care, dialysis care, visiting nurses and home hospices services, as well as management support services for healthcare institutions. This is the first U.S. acquisition for CUC.... Read More »
Together Women’s Health Acquires Two Michigan Practices
Together Women’s Health (TWH) is off to a strong start for 2024. The company announced, on January 3, that it was expanding its presence in Michigan with the purchase of two obstetrics and gynecology (OB/GYN) practices: Somerset Gynecology & Obstetrics and Mission Obstetrics and Gynecology. Somerset Gynecology & Obstetrics is based in Troy, Michigan and has five physicians on staff and one physician’s assistant. Mission Obstetrics and Gynecology is based in Warren, Michigan. According to its website, the practice is run by six physicians. TWH is a management services organization backed by Chicago-based private equity firm Shore Capital Partners. TWH... Read More »
American Pain Consortium Gets Recapitalized
On January 3 it was announced that American Pain Consortium (APC) was being recapitalized by Cresset Partners, Cedar Pine and American Discovery Capital (ADC). The financial terms were not disclosed. APC is a leading interventional pain management practice, formed by the combination of certain assets of Shadeland Anesthesia & Pain Associates, Inc., P.C., the Center for Special Surgery, LLC and the Center for Southside Surgery. Cresset Partners is a private equity firm based in Chicago, Illinois. The firm seeks to invest in the financial services, healthcare, technology, education, business and consumer service sectors. Cedar Pine is a private investment firm... Read More »
