U.S. Dermatology Partners (USDP), backed by private equity firm ABRY Partners, actively expanded its geography throughout 2017. Add-ons in 2017 have included partners in Colorado, Texas, Arizona:
- Medical Dermatology Specialists
- Medical Center Dermatology
- Lakeway Dermatology
- North Texas Dermatology
- Southwest Skin Specialists
- Skin Spectrum
The Dallas-based firm is one of the largest physician-owned practices in the U.S. Formerly known as Dermatology Associates, U.S. Dermatology Partners currently boasts 70 locations across 7 states (Texas, Kansas, Missouri, Arizona, Colorado, Louisiana and Maryland).
ABRY-backed Dermatology Associates headed north for its latest acquisition -Texoma Dermatology Clinic. The long established clinic, Texoma, offers dermatologic care in northern Texas and southern Oklahoma. Clinics are located in Sherman and Paris, Texas. >>Read more
Reference:
Dermatology Associates quick to pick up 5
It didn't take Dermatology Associates long... Soon after ABRY's May acquisition, the derm practice management organization scooped up 5 Texas practices. With ABRY's backing, Dermatology Associates appears ready & able to continue its expansion beyond its current footprint (Texas, Kansas, Missouri).
Newly acquired practices include:
- Highland Dermatology - Dallas, TX
- Southwest Cosmetic Dermatology Associates - Fort Worth, TX
- Skin and Laser Surgery Associates - Pasadena, TX (Houston area)
- Medical Arts Dermatology -Corsicana & Waxahachie, TX (Dallas area)
- Powell Dermatology - Sugar Land, TX (Houston area)
>>Read More
FASTMED's partnership last Spring with private equity firm ABRY was expected to spur the urgent care operator's growth with an influx of capital and management talent. Hats off to FastMed for its initial foray into the Lone Star State with the December acquisition of Texas Urgent Care. As one of the fastest growing urgent care organizations, FastMed added Texas Urgent Care's 14 clinic locations in the Austin, San Antonio, Tomball and Waco metropolitan areas.
Former Texas Urgent Care owner, Dr. Ashish Singhal noted a shared commitment to high quality patient care and is "…excited to develop the preeminent urgent care platform across Texas."
>>Read more
Related:
FastMed Partners with ABRY - Expansion Expected
Private equity firm, ABRY, is set to acquire FastMed, the second largest independent urgent care organization in the U.S. The acquisition will include FastMed's 87 clinics and the corporate offices in North Carolina and Arizona. Currently, FastMed employs more than 1,100 - which include physicians, physician assistants and nurse practitioners. FastMed CEO, Kevin Blank noted:
"The additional capital and management talent that ABRY provides will allow us to significantly expand our geographic footprint and grow organically as well as through targeted acquisitions…."
The transaction is expected to close in the second quarter, 2015. >>Read more