Nitipon Clinic
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Nitipon Clinic - overview
Location
Bangkok, -, Thailand
Primary Industry
Healthcare
About
Based in Thailand, Nitipon Clinic delivers specialized aesthetic and dermatological services, focusing on skincare and beauty enhancements through advanced treatments. Nitipon Clinic is a Bangkok-based clinic that specializes in aesthetic and dermatological services. The company has undergone strategic pivots to focus on expanding its range of skincare treatments. Founded by Nitipon Chai, the clinic has received significant funding, with Navis Capital Partners investing USD 66.
3 mn in a BUYOUT deal in January 2015. The total amount raised by the clinic stands at USD 66. 3 mn. Nitipon Clinic specializes in a range of aesthetic and dermatological services designed to meet diverse skincare and beauty needs.
Their core offerings include facial treatments, body contouring, laser procedures, and facial enhancements such as fillers and botulinum toxin injections. The clinic’s facial treatments focus on skin rejuvenation, pore tightening, and acne management, while body contouring services include programs like SuperSlim aimed at reducing localized fat. The clinic also provides laser treatments for skin issues such as pigmentation and scarring, addressing concerns for both men and women across different age groups. Nitipon Clinic operates over 130 locations throughout Thailand, serving a wide customer base that includes individuals seeking cosmetic improvements and enhanced self-confidence.
In 2022, Nitipon Clinic reported a revenue of USD 38. 84 mn and an EBITDA of USD 5. 27 mn. The clinic generates revenue through its diverse service offerings, operating on a direct-to-consumer model, which allows customers to pay for individual treatments or service packages.
This pricing strategy accommodates various customer segments, from those seeking basic skincare to individuals investing in comprehensive aesthetic solutions. Transactions occur on-site, with clients booking appointments for specific services or consultations. Nitipon Clinic is focused on expanding its service offerings and market presence. The clinic is actively developing new aesthetic treatment products aimed at enhancing client satisfaction and results, although specific release dates have not been disclosed.
Following the investment from Navis Capital Partners, which occurred in January 2015, the company plans to utilize the funding to enhance its operational capabilities and expand into new geographic markets, particularly in Southeast Asia, by the end of 2024.
Current Investors
Navis Capital Partners
Primary Industry
Healthcare
Sub Industries
Aesthetic Medicine
Website
www.nitiponclinic.com
Verticals
HealthTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Nitipon Clinic - timeline of key events

Nitipon Clinic - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,706,909,197 | 1,703,254,355 | 1,732,848,346 | 1,234,281,489 | - | - | - |
| % Revenue Growth (YoY) | - | (0.2%) | 1.7% | (28.8%) | - | - | - |
| EBITDA (USD) | 169,268,336 | 138,267,257 | 242,019,739 | 130,386,522 | - | - | - |
| Operating Income (USD) | 36,427,336 | 12,922,257 | 116,890,739 | 51,160,522 | - | - | - |
| Operating Margin | 2.1% | 0.8% | 6.7% | 4.1% | - | - | - |
| % EBITDA Margin | 9.9% | 8.1% | 14.0% | 10.6% | - | - | - |
| NET Income (USD) | 29,684,142 | (5,136,569) | 94,913,901 | 45,765,638 | - | - | - |
| % Net Margin | 1.7% | (0.3%) | 5.5% | 3.7% | - | - | - |
Nitipon Clinic - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Nitipon Clinic | - |
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Nitipon Clinic - employee data


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