Silverton Skin Institute

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Silverton Skin Institute - overview

Location

Grand Blanc, MI, US

Primary Industry

Healthcare

About

Silverton Skin Institute is a dermatology clinic specializing in comprehensive medical and cosmetic skin care solutions, catering to both adult and pediatric patients in a personalized manner. Pinnacle Dermatology of Grand Blanc provides specialized dermatological services, the company was acquired by Pinnacle Dermatology, LLC, a portfolio company of Chicago Pacific Founders, in January 2019. The clinic operates from Grand Blanc, Michigan, serving patients from nearby areas. The founder's details are not available.


Silverton Skin Institute offers a wide array of medical and cosmetic dermatological services, including Annual Total Body Skin Exams, and treatments for conditions such as acne, psoriasis, and eczema. Cosmetic services include BOTOX®, dermal fillers, microneedling, chemical peels, and facials, with the clinic supporting a diverse clientele, including both adults and children, while also facilitating same-day or next-day appointments. Revenue is generated primarily through direct transactions with patients for both medical consultations and cosmetic procedures. The clinic utilizes a fee-for-service model, billing patients for individual services.


Many medical services are covered by insurance, enhancing access for treatments of dermatological issues, while cosmetic services are priced individually, contributing significantly to overall revenue. Following the acquisition in January 2019, Silverton Skin Institute plans to leverage its resources to expand service offerings and reach new geographic markets. The clinic aims to enhance its portfolio with upcoming cosmetic dermatology products, although specific launch dates have not been disclosed. The utilization of recent funding will support these initiatives as the company seeks to broaden its patient base and improve service delivery.


Current Investors

Pinnacle Dermatology, LLC

Primary Industry

Healthcare

Sub Industries

Aesthetic Medicine, Dermatology

Website

www.silvertonskininstitute.net

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Silverton 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)
Add-onCompletedSilverton Skin Institute-

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