Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce a new partnership between The Cosmetic Surgery Group (“CSG” or “the Company”) and Olympus Cosmetic Group (“Olympus”), a portfolio company of VSS Capital Partners. BGL’s Healthcare andLife Sciences investment banking team served as the exclusive financial advisor to CSG in the transaction. 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 and represents its third transaction involving plastic surgery and cosmetic services practices, in addition to nine transactions in the adjacent dermatology sector.
Founded in 2014, CSG offers a comprehensive suite of surgical and minimally invasive procedures for the body, face, and breasts, emphasizing natural and refined results. The Company operates through four well-recognized brands—Chicago Breast & Body Aesthetics, Metropolitan MD, XSculpt, and FemSculpt—serving patients across three state-of-the-art locations in the Chicago area, including two downtown clinics/surgical facilities and one in the northern suburbs. CSG’s surgeons are supported by an experienced team of medspa providers, care coordinators, and administrative staff to deliver the highest quality of care.
Olympus is a leading provider of comprehensive cosmetic surgery, dermatological treatments, and non-surgical aesthetic procedures, distinguished by its unwavering commitment to patient safety and satisfaction while growing procedural volumes. Olympus is positioned to become the nation’s premier cosmetic platform and the acquirer of choice for cosmetic surgeons seeking to join a dynamic and rapidly expanding network of top-tier professionals. The partnership with CSG marks Olympus’ expansion into its sixth state, broadening its geographic footprint and establishing its presence in the Midwest region, while also providing CSG with an experienced partner to support and accelerate its ongoing growth trajectory.
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 related technical services, with a long track record of expertise in physician practice valuation and in successfully advising physicians and alternate site providers through strategic transactions like selling a physician practice.
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