NAKED MD Partners with Revelstoke Capital for Growth
Deal News | Nov 15, 2024 | Revelstoke Capital Partners LL
Revelstoke Capital Partners, a Denver-based private equity firm known for its investments in healthcare services, has announced a significant investment in NKMD MGMT, LLC, also known as NAKED MD. Founded in 2022 and based in Newport Beach, California, NAKED MD is a rapidly growing, physician-led medical aesthetics company. The company operates 18 clinics across two states, offering a suite of aesthetic treatments including injectables and facials. Revelstoke's partnership with NAKED MD was driven by their expertise in the medical aesthetics field and successful track record in expanding multi-site healthcare businesses. The partnership aims to build NAKED MD as an industry leader with a commitment to clinical quality and patient experience. Financial advisory for NAKED MD was provided by Stout, with Sheppard Mullin serving as legal counsel. Revelstoke was advised by Winston Strawn and McGuireWoods.
Sectors
- Healthcare Services
- Private Equity
- Medical Aesthetics
Geography
- United States – Revelstoke Capital Partners is based in Denver, Colorado, and NAKED MD is headquartered in Newport Beach, California, indicating the transaction and entities are primarily U.S.-based.
Industry
- Healthcare Services – The article involves Revelstoke Capital Partners, which invests in healthcare services, as well as NAKED MD, a company operating medical aesthetics clinics.
- Private Equity – Revelstoke Capital Partners is a private equity firm making a growth investment in NAKED MD, which aligns with private equity activities.
- Medical Aesthetics – NAKED MD operates clinics offering aesthetic treatments, a key focus of the article and relevant to the medical aesthetics industry.
Financials
- $5.2 billion – Assets under management by Revelstoke Capital Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Revelstoke Capital Partners | Investor | Company | A Denver-based private equity firm focusing on healthcare services, healthcare technology, and health and wellness sectors. |
| NKMD MGMT, LLC (NAKED MD) | Target Company | Company | A physician-led medical aesthetics company offering various aesthetic treatments across multiple states in the U.S. |
| Justin Ha | CEO | Person | Founder and CEO of NKMD MGMT, LLC. |
| Will Oliver | Principal | Person | Principal at Revelstoke Capital Partners. |
| Stout | Financial Advisor | Company | Served as the exclusive financial advisor to NAKED MD. |
| Sheppard Mullin | Legal Counsel | Company | Provided legal counsel to NAKED MD. |
| Winston Strawn | Legal Counsel | Company | Provided legal counsel to Revelstoke. |
| McGuireWoods | Legal Counsel | Company | Provided legal counsel to Revelstoke. |