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

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Nitipon Clinic - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)1,706,909,1971,703,254,3551,732,848,3461,234,281,489---
% Revenue Growth (YoY)-(0.2%)1.7%(28.8%)---
EBITDA (USD)169,268,336138,267,257242,019,739130,386,522---
Operating Income (USD)36,427,33612,922,257116,890,73951,160,522---
Operating Margin2.1%0.8%6.7%4.1%---
% EBITDA Margin9.9%8.1%14.0%10.6%---
NET Income (USD)29,684,142(5,136,569)94,913,90145,765,638---
% Net Margin1.7%(0.3%)5.5%3.7%---

Nitipon Clinic - 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)
BuyoutCompletedNitipon Clinic-

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Nitipon Clinic - employee data

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