Investment service BlueGem Capital Partners has confirmed that The Private Clinic Group has acquired The Cosmetic Skin Clinic, founded by Dr Tracy Mountford.
Dr Mountford commented, “I have taken this exciting step forward with The Private Clinic, with the vision being to raise the bar of cosmetic medicine further. This acquisition means that patients will be able to receive the highest quality, innovative non-surgical treatments for which The Cosmetic Skin Clinic is known, as well as having full access to the outstanding cosmetic surgical portfolio that The Private Clinic offers with its world-renowned surgeons.”
Valentina Petrone, CEO of The Private Clinic, added, “The merger of the two companies will allow us to offer an even broader range of treatments and to broaden our medical team. We have great confidence in the sector, as we see the long-term positive impact that these procedures have on our patients.” BlueGem stated that the investment will help ‘create the leading high-end invasive and noninvasive cosmetic treatment provider in the UK and leader in Europe’ and it is reported that the combined group will have a revenue of £30 million.
Emilio Di Spiezio Sardo, co-founder and partner of BlueGem and Sarah Walker, director of BlueGem commented in a joint statement, “We are delighted to announce this acquisition. It is an excellent example of BlueGem’s approach to creating value in our portfolio companies, as we support them both financially and managerially to find the best growth solutions. The acquisition further supports our vision to be the leading consolidator of premium cosmetics clinics in the UK, following previous acquisitions including Hans Place, Regency Medical and Aurora Clinic.”