Viper Equity Partners makes aggressive move into Florida and Georgia dermatology market
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oming off a victorious January after being awarded Top 100 in Finance by Top 100 Magazine and Best of 2020 in Investment Banking by the Miami Beach Award Program, Viper Equity Partners is turning its attention to key dermatology and related aesthetics offices in Florida and Georgia to join private equity-backed partnerships.
In an effort spearheaded by Senior Vice President Nina Das, the North Palm Beach-based M&A advisory firm is looking to bring its triumphs in the dental, dermatology, medical, and cosmetic industries to new geographies in 2020. Viper Equity Partners has experienced great success in the past with merging multi-office plastic surgeons and dermatologists with medical support organizations in Florida, having closed over $1.8 billion in private equity deals.
Viper Equity Partners is looking for medical, surgical, and cosmetic dermatology practices with expertise in skin cancer and Mohs surgeries, advanced laser procedures and acne prevention located in central or south Florida, the Florida Corridor, the Florida east coast, and Georgia, with focus on the Atlanta metropolitan area. Viper has experience working with private equity groups and family offices, as well as practices that seek to join nonintegrated roll ups. As a full-service M&A advisory firm, Viper Equity Partners has both the team and the track record to support practices as they make strategic exits or transition into growth.
New in 2020, Viper's Aesthetics Division has already found success with launching a $100 million new PE-backed dermatology platform. We see a shift as dermatologists and plastic surgeons begin to collaborate closely through cross referrals, stated Nina Das. We've had great results in merging dermatologists and plastic surgeons with medical spas, and presently we have many plastic surgeons who are looking to partner with dermatologists, and vice versa.
Viper's strategic targeting of dermatologists and plastic surgeons comes at an opportune time, as the aesthetics sector of medicine booms and consolidates. Member surgeons of the American Society of Plastic Surgeons reported performing 17.7 million cosmetic procedures in 2018, a 2% increase from 2017. At the same time, dermatologic surgeons are performing more cosmetic procedures as well; members of the American Society for Dermatology Surgery reported performing 9 million cosmetic procedures in 2018, a 7% increase over 2017.
The future spells out continued success for Viper, Nina continues. Our Viper Value System stands out by delivering clear advice with philosophy, high valuations with velocity, and enacting efficient processes for clients and partners to victory at the closing table.
For more information, contact Vanessa Calas at vanessa@viperequitypartners.com and 561-203-5045.
✔️ Viper Equity Partners makes aggressive move into Florida and Georgia dermatology market
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