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.