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Schweiger Dermatology Group Acquires United Skin Specialists, With Office Locations In Illinois, Minnesota, And Missouri

Jan 09, 2024•almost 2 years ago

Acquiring Company

Schweiger Dermatology Group

Acquired Company

United Skin Specialists

New YorkMinneapolisMedical PracticesHospitals and Health Care

Description

Schweiger Dermatology Group ("SDG"), one of the largest and fastest growing dermatology practices in the country, has announced it has acquired United Skin Specialists ("USS"). USS is a dermatology-directed practice management group with 10 office locations in the Midwest. This marks SDG's entrance into this region of the United States.

Company Information

Company

Schweiger Dermatology Group

Location

New York, New York, United States

About

Dermatology and Surgery Associates (DSA) is a practice located in the Bronx, New York. It was part of the NavaDerm platform and was recently acquired by Schweiger Dermatology Group. DSA provides outstanding patient care through general dermatology services across medical, surgical, and cosmetic procedures.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed