Walter Barkey MD, PLLC

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Walter Barkey MD, PLLC - overview

Location

Flint, MI, US

Primary Industry

Healthcare

About

Walter Barkey MD, PLLC specializes in dermatology and cosmetic surgery, offering a range of treatments for skin conditions and aesthetic enhancements to improve overall skin health and appearance. Walter Barkey MD, PLLC is a dermatological clinic providing medical and cosmetic skin treatments. The firm is located in Flint, US, and was acquired by Pinnacle Dermatology, LLC in September 2018, though financial terms were not disclosed. The founder, Dr.


Walter Barkey, has an extensive background in dermatology. The company offers a comprehensive range of dermatological and cosmetic products and services aimed at addressing various skin conditions and enhancing overall skin health. Their core offerings include treatments for skin cancers such as basal cell carcinoma and melanoma, as well as common dermatological conditions like acne, eczema, and psoriasis. The company also provides a selection of plastic surgery procedures, including breast augmentation and tummy tucks, along with a host of cosmetic treatments such as BOTOX®, dermaplaning, and CoolSculpting®.


Their services cater to a diverse client base, including patients seeking both medical and cosmetic interventions, and are available in major urban centers across the United States. The company's revenue is generated through a structured transaction model that incorporates both direct-to-consumer and B2B interactions. Patients typically schedule appointments for consultations and treatments, resulting in fee-for-service transactions that cover a variety of procedures. The pricing structure includes competitive rates for individual treatments, including popular services like AviClear and HydraFacial, with costs reflecting their premium offerings in the dermatological space.


Additionally, the company may engage in partnerships with healthcare providers and insurance companies to facilitate patient access to their services. Revenue streams are bolstered by retail offerings of skin care products, enhancing client loyalty and encouraging repeat business. Walter Barkey MD, PLLC aims to enhance their service offerings by designing new products and treatments that are expected to launch in upcoming quarters. The firm plans to expand into additional geographic regions, targeting major cities in the Midwest by 2024 to establish a broader presence.


The acquisition by Pinnacle Dermatology, LLC will support these initiatives, leveraging the resources and expertise of the parent company to fuel growth and innovation.


Current Investors

Pinnacle Dermatology, LLC

Primary Industry

Healthcare

Sub Industries

Aesthetic Medicine, Dermatology, Biomaterials

Website

www.flintderm.com

Company Stage

Add-on

Total Amount Raised

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Walter Barkey MD, PLLC - 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)
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