Specialty Practice

Sell-side M&A advisory for dermatology practice owners

We represent medical, surgical, and aesthetic dermatology practices in confidential transactions with PE-backed dermatology platforms, family offices, and strategic acquirers.

Speak with an advisor: (800) 815-0590

Request a Confidential Valuation

Senior advisor will respond within one business day.

100% confidential. No obligation.

Dermatology Track Record

Sell-side experience across single-physician, multi-location, and emerging-platform dermatology transactions

Buyer Network

PE-backed derm platforms · Family offices · Aesthetic-focused strategics

How We Help

Three engagement profiles for dermatology sellers

Most dermatology sell-side engagements fall into one of three patterns. Each requires a materially different process, buyer pool, and deal structure.

Profile 1

Single-physician practice sale

For high-revenue solo practices receiving direct platform or consolidator inquiries. We run a competitive process to surface multiple offers, defend your terms, and structure the rollover or earn-out that fits your post-close clinical plans.

Discuss your practice →
Profile 2

Multi-location group recapitalization

For 2–5+ location groups where you want to monetize equity but remain clinically and operationally involved. We structure rollover percentages, governance, and earn-out terms that protect your economics and your control.

Discuss your group →
Profile 3

Emerging dermatology platform sale

For groups large enough to be acquired as a platform rather than a tuck-in — typically multi-physician, multi-site, and operationally self-sustaining. We position you with mid-market PE sponsors building or expanding their derm platforms.

Discuss your platform →

The Dermatology M&A Market

A maturing market with deep platform demand

Dermatology was the second specialty after dental to attract significant PE investment, and a decade of consolidation has produced dozens of active PE-backed platforms operating across nearly every U.S. region. The buyer pool is deep, but materially different in composition from dental.

Cash-pay aesthetic services, Mohs surgery, in-house pathology, and provider-extender models all create distinct value pockets that buyers price differently. Family offices are particularly active for cosmetic-heavy practices, while PE-backed platforms compete intensely for medical and surgical groups with strong recurring patient bases.

Direct platform outreach often surfaces a single offer based on the platform's internal model. A structured process puts your practice in front of multiple sponsors at once, surfacing not just better headline economics but the governance, rollover, and earn-out terms that materially shape your post-close life.

[ Photo: dermatology practice interior, treatment room, or clinician portrait ]

Why It Matters

When platforms come to you directly, you only see one number.

A direct platform offer is rarely the best offer — and on your own, you have no way of knowing what it isn't. Our process puts your practice in front of the right competing buyers under NDA, surfacing the highest defensible value and the deal structures (rollover, earn-outs, real estate, ancillary income) that actually fit your situation. The cost of running a process is a fraction of the value it surfaces.

Our Process

Valuation Drivers

What drives a dermatology practice's M&A multiple

The headline multiple is the visible number, but it's the product of a dozen underlying inputs. Knowing how buyers weight each one — and where your practice sits on each — is the difference between accepting an offer and negotiating one.

EBITDA growth trajectory & margin profile
Buyers underwrite the future, not the past. Two practices with identical EBITDA can sell at materially different multiples if one has a clear growth story and the other doesn't. We help you frame and defend the trajectory before going to market.
Procedure mix (medical / surgical / cosmetic)
The balance of medical dermatology, surgical (including Mohs), and cosmetic procedures is one of the strongest valuation drivers. Each mix appeals to a different buyer pool and produces a different multiple range.
Cash-pay aesthetic percentage
Cash-pay aesthetic revenue carries premium multiples because of pricing power and margin profile. Buyers will closely model this percentage; we help you present it accurately and defensibly.
Mohs surgery volume & pathology in-house
Mohs case volume and whether pathology is captured in-house materially shifts both revenue and operational complexity. Both factor heavily into PE platform underwriting models.
Payor mix & reimbursement profile
Commercial vs Medicare vs Medicaid mix — and the specific commercial contracts in place — directly affects buyer interest and pricing. We model how your specific mix reads to the buyers you're targeting.
Provider-extender utilization
How effectively PAs, NPs, and aesthetic providers are deployed against physician time directly impacts margin and scalability. Buyers view a well-developed extender model as both a value driver and a growth lever.
Real estate & lease terms
Whether you own or lease — and the terms underneath — is part of the deal. We optimize how the real estate is positioned: separate sale, leaseback, or rolled into the transaction.
Continuing physician commitment
Most dermatology transactions now include the seller remaining clinically for 3–5 years post-close. Your commitment, compensation structure, and equity rollover are among the most negotiable levers in the entire deal.

Recent Closings

Select dermatology transactions

View all transactions →

Placeholder data — replace with real closed dermatology engagements.

Dermatology
Dermatology & Med Spa Practice
Southern Alabama · 2024
Collections$3.64M
EBITDA$847K
Enterprise Value$2.70M
BuyerStrategic Acquisition

View all closed transactions across the 1st Med family of firms →

Dermatology
Single-physician practice sold to a regional dermatology consolidator
Deal TypeFull Sale
BuyerRegional Platform
RegionNortheast
Year2023
Dermatology
Aesthetic-focused two-location practice sold to a family office
Deal TypeMajority Sale
BuyerFamily Office
RegionWest
Year2023

Know Your Options

Find out what your dermatology practice is worth.

Every dermatology practice owner — solo, group, or emerging platform — benefits from a confidential conversation about valuation, deal structure, and timing before engaging with buyers directly. Complete the form or call and speak with a senior advisor today.

(800) 815-0590

Request a Confidential Valuation

Senior advisor will respond within one business day.

100% confidential. No obligation.