Pinnacle Dermatology, LLC

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Pinnacle Dermatology, LLC - overview

Established

2004

Location

Brentwood, TN, US

Primary Industry

Healthcare

About

Pinnacle Dermatology specializes in comprehensive dermatological services, focusing on skin health and wellness for a diverse clientele across the United States. Founded in 2004 and headquartered in Brentwood, US, Pinnacle Dermatology provides a range of dermatological services. The company was established by Alexis Ioannidis, David Van Dam, and Paula Lapinski. Krystal Tawney currently serves as CEO.


Pinnacle Dermatology has successfully completed 3 deals, with the most recent being an acquisition in October 2021 led by BayPine, which aimed to enhance patient experience and support growth plans. Pinnacle Dermatology offers a wide array of services, including skin cancer care, general dermatology, and cosmetic treatments. With over 250 dermatologists, the firm conducts Total Body Skin Exams and provides treatments such as BOTOX®, PRP therapies, and body contouring. The company serves various demographics, treating conditions like acne, psoriasis, and skin cancer at over 95 locations across the United States.


Pinnacle Dermatology generates revenue through fee-for-service transactions and patient insurance reimbursements. Direct interactions with patients through consultations and treatments form the core of its revenue model, with significant income from skin cancer screenings and cosmetic injections, supported by partnerships with various payers. In October 2021, Pinnacle Dermatology was acquired by BayPine, which reinvested in the firm, enabling further enhancements in patient services and expertise. The deal aims to accelerate growth through organic acquisitions.


Specific plans for future expansion into new geographic regions have not been disclosed, but the company focuses on enhancing its operational capabilities and patient experience following this acquisition.


Current Investors

Chicago Pacific Founders, BayPine

Primary Industry

Healthcare

Sub Industries

Aesthetic Medicine

Website

www.pinnacleskin.com

Total Amount Raised

Subscriber access only

Pinnacle Dermatology, LLC - 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-onCompletedTru-Skin Dermatology-
Add-onCompletedDermatology Physicians Group, LLC-
Secondary BuyoutCompletedPinnacle Dermatology, LLC-
Add-onCompletedOmni Cosmetic, LLC-
Add-onCompletedDermatology Associates & Surgery Center, LLC-

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