FORT
LAUDERDALE, Fla. and NEW
YORK, Nov. 15, 2024 /PRNewswire/ -- NavaDerm
Partners, LLC ("NavaDerm" or the "Company"), a dermatology platform
and portfolio company of BelHealth Investment Partners, LLC
("BelHealth"), announced the exit of Dermatology and Surgery
Associates ("DSA") to Schweiger Dermatology Group ("SDG"). DSA was
part of the NavaDerm platform formed in 2018.
Vera Abramova, Chief Financial
Officer of NavaDerm Partners, LLC said, "We are pleased to announce
this is the third practice sold to SDG in the past year. Our
remaining flagship practices - Laser & Skin Surgery of
New York with locations at
34th Street (NYC) and Southampton and our growing Spring Street practice with NYC locations in
SoHo and Uptown, continue to benefit from the tailwinds in cosmetic
dermatology."
Kevin Schirf, Chief Business
Development Officer of SDG said, "Our group continues to scale its
footprint in the Northeast, and we are excited about our expansion
in the Bronx. It has been a
pleasure working with NavaDerm and BelHealth throughout the
acquisition process."
Brown Gibbons Lang & Company served as the financial advisor
and Moomjian, Waite & Coleman, LLP served as legal counsel to
NavaDerm.
About BelHealth Investment Partners
BelHealth
Investment Partners, based in Fort
Lauderdale, Florida, is a healthcare private equity firm
focused on lower middle market companies. BelHealth has a unique
combination of investing, executive management, and entrepreneurial
experience. BelHealth acquires majority positions in
entrepreneur-owned companies that it believes will benefit from its
extensive operating and private equity investment expertise.
BelHealth is investing from its current $350
million fund. For more information, visit
www.belhealth.com.
About NavaDerm
NavaDerm Partners, headquartered
in New York City, is a
Northeast-based dermatology management platform formed
through the partnership of five dermatology groups in New York and New
Jersey. Operating out of eight locations, NavaDerm's mission
is to support its outstanding 40+ board-certified dermatologists
and their dedicated staffs in providing outstanding patient care.
NavaDerm's clinicians provide world-class and comprehensive general
dermatology services across medical, surgical and cosmetic
procedures.
About Schweiger Dermatology Group
Schweiger
Dermatology Group is one of the leading dermatology practices in
the country, with over 120 offices and 400 healthcare providers.
Schweiger Dermatology Group provides medical, cosmetic, and
surgical dermatology services with over 2 million patient visits in
2024. Schweiger Dermatology Group has been included in
the Inc. 5000 Fastest Growing Private Companies in
America list for eight consecutive years. To learn more,
visit schweigerderm.com.
Contact:
BelHealth: Inder Tallur,
itallur@belhealth.com
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SOURCE BelHealth Investment Partners