BGL Announces the Sale of Dermatology & Surgery Associates and Bronx Plastic Surgery to Schweiger Dermatology Group

Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of NavaDerm Partners’ (NavaDerm) practices – Dermatology & Surgery Associates and Bronx Plastic Surgery– to the Schweiger Dermatology Group (SDG). BGL’s Healthcare Provider Services  Group acted as the exclusive financial advisor to NavaDerm, a portfolio company of BelHealth Investment Partners, LLC. The specific terms of the transaction were not disclosed. The transaction builds upon BGL’s market leadership position in advising physician practices and related ancillary services.

The transaction furthers BGL’s commitment to dermatology — and more broadly, the provider services sector — and represents its eleventh completed transaction involving dermatology and cosmetic services providers.

Under the terms of transaction, Dermatology & Surgery Associates and Bronx Plastic Surgery practices will be part of the Schweiger Dermatology Group.

Headquartered in New York City, NavaDerm is a Northeast-based dermatology platform consisting of over 30 providers providing comprehensive general dermatology across medical, surgical, and cosmetic procedures.

SDG is the largest group dermatology practice on the East Coast, with over 100 offices and more than 300 healthcare providers. Schweiger Dermatology Group provides medical, cosmetic, and surgical dermatology services with more than 1.5 million patient visits annually.

BGL’s Healthcare Provider Services Group is one of the most experienced and respected financial advisory teams in the U.S. for physician practice M&A, and dermatology and aesthetic services M&A, with a long track record of expertise in successfully advising physicians and alternate site providers through strategic transactions like selling a physician practice.