BGL Announces the Recapitalization of The Dermatology Group
January 11 2016
Brown Gibbons Lang & Company (BGL) is pleased to announce the recapitalization of The Dermatology Group (TDG), a dermatology focused physician practice management company, by The Riverside Company. BGL’s Healthcare & Life Sciences team served as the exclusive financial advisor to The Dermatology Group in the transaction. The specific terms of the transaction were not disclosed.
Headquartered in West Orange, New Jersey, The Dermatology Group (TDG) is one of the largest dermatology practices in the United States. The full-service practice consists of more than 30 providers in 16 company-affiliated locations throughout Northern and Central New Jersey and offers an integrated suite of services, including medical and surgical dermatology, cosmetic surgery, and a diverse set of aesthetic services and products.
The Riverside Company is a global private equity firm focused on acquiring and investing in growing businesses valued at up to $300 million. Since its founding in 1988, Riverside has invested in more than 400 transactions. The firm’s international portfolio includes more than 80 companies. With Riverside’s support, the practice will pursue an aggressive expansion strategy, initially focused on the Northeast and Mid-Atlantic regions of the U.S.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Business Services, Consumer, Environmental & Energy Services, Healthcare & Life Sciences, Industrials, and Real Estate. BGL has offices in Chicago and Cleveland and real estate offices in Chicago, Cleveland, Irvine, and San Antonio, in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.