David H. McDaniel M.D. Laser & Cosmetic Center of Virginia

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David H. McDaniel M.D. Laser & Cosmetic Center of Virginia - overview

Established

1983

Location

Virginia Beach, VA, US

Primary Industry

Healthcare Specialists

About

David H. McDaniel M. D. Laser & Cosmetic Center specializes in advanced cosmetic dermatology, offering a variety of non-invasive treatments that enhance skin health and beauty primarily in Virginia Beach and surrounding areas.


Founded in 1983 in Virginia Beach, US, David H. McDaniel M. D. Laser & Cosmetic Center provides specialized cosmetic dermatology services.


The company was acquired by Anne Arundel Dermatology Management LLC in May 2019. Dr. David McDaniel, the founder, is recognized for his expertise in cosmetic dermatology but has not founded other companies publicly known. McDaniel Laser & Cosmetic Center specializes in a comprehensive range of cosmetic dermatology services that focus on enhancing skin health and beauty.


The company's core offerings include non-invasive body contouring, facial treatments such as microdermabrasion and chemical peels, various injectable treatments for anti-aging, and advanced laser therapy for addressing diverse skin conditions. These services cater primarily to the Virginia Beach market and surrounding areas, aiming to improve overall appearance and confidence for both men and women. By delivering personalized care through expert providers, the center addresses specific skin health goals for a broad spectrum of patients. The revenue model of McDaniel Laser & Cosmetic Center is primarily derived from direct transactions with consumers seeking aesthetic and dermatological treatments.


Clients typically engage in one-time visits for services such as body contouring sessions, facials, and laser treatments, which are billed on a per-service basis. Injectable treatments may require follow-up appointments, creating opportunities for repeat business. The service pricing is structured around specific treatments offered, ensuring clarity in transaction details for clients and fostering direct-to-consumer relationships. In May 2019, the company was acquired by Anne Arundel Dermatology Management LLC, which may influence future growth initiatives.


Current plans for expansion into new markets have not been publicly detailed, and the specifics of utilizing the funding from the acquisition are not disclosed. However, the acquisition may provide the necessary resources to enhance product offerings and market reach in the cosmetic dermatology sector.


Current Investors

Anne Arundel Dermatology, Inc.

Primary Industry

Healthcare Specialists

Sub Industries

Clinics/Outpatient Services, Dermatology

Website

www.drmcdaniel.com

Company Stage

Add-on

Total Amount Raised

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David H. McDaniel M.D. Laser & Cosmetic Center of Virginia - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedDavid H. McDaniel M.D. Laser & Cosmetic Center of Virginia-

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