California Skin Institute

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California Skin Institute - overview

Established

2007

Location

Mountain View, CA, US

Primary Industry

Healthcare

About

California Skin Institute provides comprehensive dermatological and cosmetic services, addressing a wide range of skin-related issues through advanced medical and aesthetic treatments tailored to individual patient needs. Founded in 2007 in Mountain View, US, California Skin Institute specializes in dermatological care and was established by Greg Morganroth, who also serves as the CEO. The company underwent a strategic shift by becoming a part of Schweiger Dermatology Group, enhancing its service reach and capabilities. It has successfully completed a deal in May 2017, receiving an investment from Goldman Sachs Merchant Banking Division.


California Skin Institute, now integrated with Schweiger Dermatology Group, offers a diverse range of dermatological and cosmetic services. Their offerings include medical dermatology, surgical procedures, and aesthetic treatments, addressing various skin diseases and aesthetic enhancements. Utilizing over 100 advanced technologies such as lasers and radiofrequency treatments, they provide tailored solutions for patients with chronic conditions and those seeking cosmetic improvements. The company operates across the Western United States, ensuring access to quality dermatological care.


California Skin Institute generates revenue through a direct-to-consumer model and B2B interactions with healthcare providers, primarily from patient consultations and treatments. Income is derived from a variety of services, including routine skin exams, specialized surgeries, and cosmetic enhancements. Patients can engage in individual service transactions or comprehensive treatment plans, fostering ongoing relationships and repeat business within their extensive network. California Skin Institute plans to leverage recent funding from the May 2017 investment by Goldman Sachs Merchant Banking Division to support its growth initiatives.


These include the development and launch of new dermatological products aimed at enhancing patient care, with specific products targeted for release in the upcoming year. Additionally, the company aims to expand its geographic reach into new markets across the Western United States, enhancing accessibility to its comprehensive services while tapping into emerging demographic trends.


Current Investors

Goldman Sachs Asset Management

Primary Industry

Healthcare

Sub Industries

Aesthetic Medicine

Website

www.californiaskininstitute.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

California Skin Institute - 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)
GrowthCompletedCalifornia Skin Institute-

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