Dermatology and Surgery Associates, a leading provider of general, cosmetic, and surgical dermatology services based in East Bronx, New York, has completed a recapitalization with BelHealth Investment Partners. Together with Millburn Laser Center, Sharon Scherl Dermatology and Spring Street Dermatology, Dermatology and Surgery Associates will form NavaDerm Partners. Provident Healthcare Partners (“Provident”) served as exclusive financial advisor to Dermatology and Surgery Associates. The terms of the transaction were not disclosed.

The Northeast-based NavaDerm is a regional dermatology platform, consisting of 19 physicians in five locations in New York and New Jersey providing comprehensive dermatology services and products including medical, surgical and cosmetic procedures. The creation of NavaDerm represents an exciting opportunity to create a leading regional dermatology platform in a highly fragmented, growing industry with positive economic tailwinds and stable reimbursement.

“Drs. Rosen and Whang have built Dermatology and Surgery Associates into the leading provider of medical dermatology services in the Bronx. With BelHealth as a partner, we believe they are well-positioned to expand their reputation for clinical excellence into new markets in New York and New Jersey,” commented AJ Shekar, Vice President at Provident.

“Provident played a vital role every step of the journey. They took the time to understand our practice and guided us through a steep learning curve of business and legal jargon. We thank them for their expertise and patience,” stated Dr. Douglas Rosen, founder of Dermatology and Surgery Associates.

About Dermatology and Surgery Associates
Dermatology and Surgery Associates, founded by Dr. Douglas Rosen in 1983, includes six highly-qualified and awarded physicians operating in one, eight exam room location, and serves approximately 14,000 unique patients per year. The company provides acne treatments, Botox injections, chemical peels, general dermatologic exams, Juvaderm fillers, Mohs surgery, plastic surgery, psoriasis laser, and skin cancer screenings. For more information, visit

About Provident Healthcare Partners
Provident is the leading investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation for healthcare companies. The firm has a comprehensive knowledge of market sectors and specialties, including the dermatology sector. Provident also has unsurpassed experience and insight into the M&A process, which includes working with a number of buyers such as private equity firms and strategic groups. For more information, visit

Provident Healthcare Partners
Gina Casiello

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

  • “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.”

  • “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.”

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

  • ”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.”

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

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