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New Deal


Announced

Completed

Ontario Teachers's Pension Plan and Century Equity Partners-backed PhyNet Dermatology completed the acquisition of Hodari MD Dermatology & Rejuvené.

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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Cross Border

Completed

Single Bidder

Private

United States

Health Care Facilities

Friendly

cosmetic dermatology

dermatology services

Acquisition

Majority

Private Equity

Synopsis

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Ontario Teachers's Pension Plan and Century Equity Partners-backed PhyNet Dermatology, a dermatology practice management company, completed the acquisition of Hodari MD Dermatology & Rejuvené, a provider of full scope of medical, surgical, and cosmetic dermatology services. Financial terms were not disclosed. “Dr. Hodari is known for providing high-quality, compassionate and advanced care to those he serves, we are excited to partner with him. This affiliation is a building block for more expansion to come in Northern California as we continue to grow. Our affiliation with Dr. Hodari and his staff allows PhyNet Dermatology to provide administrative support and backing, freeing his team to focus on what’s most important: providing the highest level of care and service to their patients” Stephen M. Pirri, PhyNet Dermatology CEO.

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