Q4-2017 Dermatology Update– Dermatology remained an especially active sector in the fourth quarter of 2017, characterized by a flurry of add-on acquisitions.

Q3-2017 Dermatology Update– Dermatology remains one of the most active sectors within physician services as private equity capital continues to flow into the sector. Private equity-backed groups continued to aggressively executive add-on strategies throughout the country in the third quarter of 2017.

Transaction Advisory-Waud Capital has made an investment in Adult & Pediatric Dermatology. APDerm® offers complete medical, surgical, and cosmetic skincare for patients of all ages, from newborns to the elderly out of 10 clinical locations in New Hampshire and Massachusetts.

Transaction Advisory– DermAssociates, PC has completed a recapitalization with an undisclosed strategic partner. DermAssociates is a comprehensive provider of medical, surgical, and cosmetic dermatologic care to patients at its two locations in Rockville and Silver Spring, Maryland.

Q2-2017 Dermatology Update– Consolidation activity within dermatology remained strong as private equity backed consolidators enjoying a particularly active quarter. We expect investment within the sector to remain robust through the latter half of this year.

Q1-2017 Dermatology Update– Dermatology has continued to be a highly active market in terms of consolidation as private equity-backed platforms aggressively execute add-on acquisition strategies to increase geographic density and expand into new markets.

Provident Perspectives– Dermatology has experienced tremendous growth in recent years. In this Provident Perspective, we examine how volume growth, coupled with significant fragmentation within the sector has led to a robust investment and acquisition environment.

Featured Publication– Senior Associate Ajeya Shekar was featured in Axial’s Forum and asked about his thoughts on the dermatology space. Axial is is a multi-sided network made up of middle market investors, advisors, and CEOs.

Transaction Advisory– The Dermatology Center, P.A. has completed a recapitalization with Pharos Capital Group, LLC. The Dermatology Center is a leading medical and cosmetic dermatology practice with four locations in the metro Washington D.C. area.

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”