Recapitalization of DermCare Skin & Beauty Center

Lowenstein Sandler and Waller Lansden Dortch & Davis, LLP advised on the deal

Hildred Capital Management, LLC (Hildred), a New York-based private equity firm, executed a majority recapitalization with Gemini Investors of DermCare Management, LLC and Skin & Beauty Center Management, LLC (collectively referred to as “DermCare”).

Financial terms of the transaction were not disclosed.

DermCare is a dermatology-focused physician practice management company, with nearly 30 locations across Florida, California, and Texas that provides clinical, cosmetic, and pathology services. Hildred pursues growth equity investments in lower middle-market health care companies with leading products, technologies, and services.

Lowenstein Sandler advised Hildred Capital Management, LLC with a team led by Herschel S. Weinstein (Picture).

Involved fees earner: Herschel Weinstein – Lowenstein Sandler LLP;

Law Firms: Lowenstein Sandler LLP;

Clients: Hildred Capital Partners LLC;

Author: Ambrogio Visconti