Contact Information: Contact: Vicente Capital Partners (310) 826-2255 www.vicentecapital.com
Vicente Capital Partners Invests in U.S. Dermatology Medical Management
Third Investment for Los Angeles-Based Investment Firm's Current Fund
| Quelle: Vicente Capital Partners
LOS ANGELES, CA--(Marketwire - October 21, 2009) - Vicente Capital Partners, LLC announced
today that it has completed an investment in U.S. Dermatology Medical
Management, Inc. ("U.S. Dermatology"), a nationwide provider of healthcare
services for skin cancer treatment and other medical dermatological
conditions.
Headquartered in Irvine, CA, U.S. Dermatology was founded by current CEO Ed
Rotan for the purpose of acquiring medical (non-cosmetic) dermatology
practices throughout the U.S. and increasing revenues at these practices by
introducing additional specialized medical services. The company's
management team has extensive experience building multi-site medical
services organizations on a national scale. Mr. Rotan will be joined by
Rob Mathuny, who brings over 15 years of operating and acquisition
experience as a healthcare CFO to the company.
"We are very excited to be working with the professionals at Vicente
Capital," said Ed Rotan. "Their track record of successfully growing
healthcare services businesses into market leaders makes them an ideal
partner for U.S. Dermatology and gives us the resources we need to expand
our footprint into underserved markets across the country."
"We're equally excited to partner with Ed Rotan to build a nationwide
platform that can help address the critical and growing need for skin
cancer treatment," said Alain Rothstein, Principal of Vicente Capital
Partners. "Ed has a very successful track record of partnering with
physicians to build market leading healthcare companies that provide the
highest quality patient care."
Jay Ferguson, Alain Rothstein, and David Casares of Vicente Capital
Partners will join U.S. Dermatology's board of directors.
"U.S. Dermatology represents Vicente Capital's third investment out of our
$165 million growth equity fund which closed in January of 2009," said Jay
Ferguson, Managing Partner of Vicente Capital. "We continue to see
interesting investment opportunities in a number of sectors where we have
domain expertise, and plan to actively invest in companies where our
capital can create value for both management and investors."
About Vicente Capital Partners
Vicente Capital Partners is a private equity firm specializing in both
non-control and control investments in growth businesses that have annual
revenues between $5 million and $25 million. The firm's investment
professionals have a long and successful track record of partnering with
management teams to create and realize value across a number of different
industries including: Business Services (outsourced services, Internet
services, telecom services); Consumer Services (healthcare services,
residential delivery, education); and Specialty Manufacturing (aerospace &
defense, environmental products, networking/telecom equipment).
For more information about Vicente Capital Partners, please visit
www.vicentecapital.com.