VSS Capital Partners, a private investment firm investing in the healthcare, education, and business services industries, made a growth capital investment in Olympus Cosmetic Group.
WHO: Headquartered in Jacksonville, Florida, Olympus Cosmetic Group is a newly formed platform providing comprehensive cosmetic surgery, dermatological treatments, and nonsurgical cosmetic procedures. Olympus’ credentialed doctors specialize in providing a complete range of facelift, abdominoplasty, breast augmentation, breast lift, liposuction, injectables, nonsurgical aesthetic treatments, and body contouring, among others, from state-of-the-art facilities. Olympus is led by Dr. Erik Nuveen, Dr. Alberico Sessa, and Dr. James Koehler, with an initial footprint that includes Florida, Oklahoma, and Alabama.
Headquartered in New York, VSS is a private investment firm that invests in healthcare, business services, and education companies. Since 1987, VSS has partnered with lower middle-market companies, working closely with management teams, to facilitate their next stage of growth. VSS provides capital for growth financings, recapitalizations, strategic acquisitions, and buyouts with the flexibility to invest control or noncontrol capital, based on the needs and objectives of each company. VSS has managed $4 billion in committed capital across eight funds and has completed 96 platform investments and over 400 add-on acquisitions.
WHY: VSS has experience partnering with growing physician practices and building regional and national healthcare delivery networks with administrative support services.
IN THEIR OWN WORDS: “We are excited to support this leadership team with the formation of Olympus’ highly scalable platform,” said Patrick Turner, Managing Director at VSS. “Our investment in Olympus reflects VSS's experience in partnering with practice management organizations led by doctors who bring years of procedural experience to their practices.”
“Olympus is committed to delivering the highest quality outcomes to its patients and establishing itself as the acquiror of choice for leading cosmetic procedure groups throughout the United States,” said Brad Corbin, Principal at VSS Capital Partners. “We are excited to form a premier physician-owned platform in partnership with the founders for cosmetic surgery practitioners who stand to benefit from access to our platform’s corporate infrastructure and shared services,” added Aditya Govil, Vice President at VSS.
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