NY dermatology group swings $35M in funding round

New York City-based Schweiger Dermatology Group has closed $35 million in private equity financing. The round was led by LLR Partners, a private equity firm that focuses its investments on software, technology-based services and healthcare.

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SDG serves approximately 150,000 patients a year across 20 locations in New York and New Jersey. It plans to use the investment to bolster growth and acquire practices in the New York metro area.

“We offer an attractive opportunity for dermatologists and physician assistants to grow with us,” SGD Founder and CEO Eric Schweiger, MD, said in a statement. “Partnering with a growth-oriented investor like LLR brings the additional capital, network and expertise in healthcare delivery to help us continue to expand our footprint and deliver outstanding, comprehensive dermatology care to more patients in the region.”

 

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