The UK’s leading aesthetic medical group, SK:N, has collapsed. Acquired by European private equity firm TriSpan in 2019, the Group had 70 clinics across England and Scotland.WHO: Birmingham-based SK:N was founded in 1990 and became the UK’s leading medical skincare clinic group offering dermatology expertise on the high street. SK:N offered more than 200 clinically proven treatments ranging from laser hair removal to anti-aging injectables, from acne solutions to tattoo removal and traditional dermatology treatments.Acquired by private equity firm TriSpan in 2019, the group embarked on a string of six bolt-on acquisitions, including the Harley Medical Group, Skinbrands, The Skin Experts, and ABC Medical, as well as numerous single sites eventually forming the multi-brand Group it was at the time of its collapse.TriSpan is an independent and management-controlled private equity firm established with the backing of leading family groups from Europe, the US, and the Middle East. TriSpan has offices in London and New York, TriSpan was founded by Fady Michel Abouchalache and Elan A. Schultz, previously Group CEO and Managing Partner respectively at the Quilvest group. WHY: While TriSpan claims to have transformed SK:N into the UK’s leading medical skincare group and largest independent aesthetics clinic, network industry experts suggest perhaps they expanded too quickly.IN THEIR OWN WORDS: SK:N's website was replaced by a message saying the company had "undertaken an extensive process to secure investment to enable it to continue trading but sadly we've been unsuccessful.