Transactions
Skin & Beauty Center recapitalized by Gemini Investors
Mar. 2017
Client: Skin & Beauty Center (SBC) is the largest independent dermatology provider in northern Los Angeles, providing the full range of cosmetic, medical, and surgical services. SBC’s owners were looking for a buyer to help expand its operations in the area and enter in to surrounding markets.
Role: We served as the exclusive financial advisor to SBC in its recapitalization by Gemini Investors.
Location: Burbank, CA
Sector: Physician and Provider Services
recapitalized by
Case Study
Skin & Beauty Center recapitalized by Gemini Investors
Position Skin & Beauty Center (SBC)—the largest and fastest-growing full-service cosmetic, medical, and surgical dermatology group in Los Angeles—for recapitalization.
To deliver maximum value for SBC shareholders, we couldn’t just find any buyer. We needed the right one—an investor who would support SBC’s strong management team, enabling them to continue doing what they do best: providing exceptional care to patients.
We conducted a broad, competitive process that introduced SBC to a range of [potential partners], including both private equity groups and strategic acquirers. Because of this comprehensive process, we were able to find our client their ideal partner: Gemini Investors.
LOI to close was 81 days. This investment further cements SBC as the leading dermatology provider in the Los Angeles area, with Gemini Investors planning to support SBC expansion both organically and through acquisitions.