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New Deal


Announced

Sun Capital-backed West Dermatology to merge with Sterling-backed Platinum Dermatology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Private Equity

United States

Majority

Private

Domestic

Health Care Services

Acquisition

Single Bidder

dermatology

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Merger

Synopsis

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Sun Capital-backed West Dermatology, a firm providing comprehensive dermatology services and education, agreed to merge with Sterling-backed Platinum Dermatology, a provider of dermatology practice management services. Financial terms were not disclosed. “We are very excited by the opportunity to bring together two leading dermatology organizations highly focused on clinical excellence, with strong cultural and geographic synergies. Merging with Platinum will allow WestDerm to continue to accelerate its expansion, grow its footprint, and expand patient care. We expect the combined platform to lead the industry in clinical excellence, create the most attractive platform for dermatologists to partner with, and deliver the best patient care in dermatology," Daniel Florian, Sun Capital Managing Director.

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