CHICAGO, May 6, 2021 /PRNewswire/ — Brown Gibbons Lang & Company (BGL) is pleased to announce a new partnership between Spectrum Dermatology (Spectrum) and Pinnacle Dermatology (Pinnacle). The partnership with Spectrum is another step in Pinnacle’s strategy to build a strong dermatology practice platform operating in multiple geographic markets coast-to-coast. BGL’s Healthcare & Life Sciences team served as the exclusive financial advisor to Spectrum in the transaction. The transaction furthers BGL’s commitment to dermatology — and more broadly, the provider services sector — and represents its seventh completed dermatology transaction. The specific terms of the transaction were not disclosed.
Headquartered in Scottsdale, Spectrum Dermatology is the largest dermatology practice in Arizona. Spectrum has seven locations and 31 providers serving Scottsdale and Greater Phoenix, including Paradise Valley, Arcadia, Desert Ridge, Chandler, and the entire West Valley. The practice provides surgical, medical, and cosmetic dermatology, as well as plastic surgery. Under the leadership of founder Dr. Nancy H. Kim, a leading Mohs surgeon, Spectrum is committed to providing outstanding dermatological treatments and aesthetic care with state-of-the-art techniques and the latest skin rejuvenation technology.
Pinnacle Dermatology, the nation’s largest female-founded dermatology provider, was founded by leading Mohs surgeon Dr. Paula Lapinski. Under the new partnership, Spectrum’s founder, Dr. Kim, will join Pinnacle’s board of directors. Pinnacle provides a preeminent patient experience in comprehensive and compassionate skin care, and has expanded its services throughout multiple regions with offices whose values and standard practices are aligned with this mission. Pinnacle Dermatology is committed to providing responsive and passionate patient care, including patient education and population skin health management. Pinnacle is a portfolio company of Chicago Pacific Founders, a leading strategic private equity firm focused on investing in growth companies.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, and Philadelphia, and real estate offices in Chicago, Cleveland, and San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, Inc., an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com.
SOURCE Brown Gibbons Lang & Company