DermCare Management (Hildred Capital) Acquires Berman Skin Institute, Westchester Dermatology and Lasky Skin Center

DermCare Management Acquires Four Dermatology Practices

February 22, 2022

Healthcare Services

DermCare Management, a portfolio company of Hildred Capital Management, announced partnerships to bring Stone Oak Dermatology, Irradiance Medical Group, Altman Dermatology, and Icecreamwala Dermatology into its platform. The add-on deals expand DermCare’s footprint across Florida, Texas and California, increasing the platform to 46 locations and roughly 100 medical providers.

Hildred Capital and Gemini Investors Recapitalize DermCare and Skin & Beauty Center

October 10, 2019

Healthcare Services

Hildred Capital Management completed a majority recapitalization of DermCare Management and Skin & Beauty Center, with Gemini Investors (the prior sponsor), the physician group and senior management retaining minority stakes. The transaction positions the dermatology platform—headquartered in Hollywood, Florida with nearly 30 locations across Florida, California and Texas—for further geographic expansion; financial terms were not disclosed and Oxford Finance provided debt financing.

DermCare Management (Hildred Capital) Adds Three Dermatology Practices

January 30, 2023

Healthcare Services

DermCare Management, a portfolio company of Hildred Capital Management, completed three add-on acquisitions in Q4 2022: ADF Dermatology (Sarasota, FL), Advanced Dermatology, PA (Jacksonville, FL) and First OC Dermatology (Fountain Valley/Irvine, CA). The deals expand DermCare’s footprint in Florida and California and contribute to a milestone year in which the platform added 11 practices (24 locations) and now manages 65 practice locations.

Sun Capital Affiliate Acquires West Dermatology from Enhanced Healthcare Partners

February 12, 2020

Healthcare Services

An affiliate of Sun Capital Partners has acquired West Dermatology, a Newport Beach–headquartered dermatology platform with 55+ clinics across Arizona, California and Nevada, from Enhanced Healthcare Partners. Terms were not disclosed; Sun Capital said it will support West’s continued organic growth and add-on acquisition strategy while Enhanced Healthcare Partners exited its platform investment.

DermCare Management Acquires Absolute Aesthetics Rejuvenation and Laser Center

June 18, 2024

Healthcare Services

Plantation, Florida-based Absolute Aesthetics Rejuvenation and Laser Center has been acquired by DermCare Management LLC, a dermatology practice management platform and portfolio company of Hildred Capital. Dresner Partners advised Absolute Aesthetics on the sale; financial terms were not disclosed. The deal expands DermCare's footprint in aesthetic and dermatology services as it continues to scale its multi-practice platform.

Sun Capital Partners and Sterling Partners Merge West Dermatology and Platinum Dermatology Partners

June 21, 2022

Healthcare Services

Sun Capital Partners (via its West Dermatology portfolio company) and Sterling Partners (via its Platinum Dermatology Partners portfolio company) merged their respective dermatology platforms to form a larger combined organization. The merger created a leading dermatology practice with more than 100 locations across the Southwestern United States and Southern California (170 physicians and 300+ providers reported); terms were not disclosed.