Practical Dermatology Interviews PGP CEO Michael Kroin on the Current State of Private Equity in Dermatology

October 2024 – In the October issue of Practical Dermatology, a publication dedicated to providing the latest developments in medical and cosmetic dermatology practices, the editorial team interviewed PGP CEO & Managing Partner Michael Kroin.

Mr Kroin answered the following questions:

• What trends are you seeing in private equity in dermatology?
• How would you describe the independent dermatology community’s perceptions of private equity?
  • What’s being done to change their perceptions?
• Are there different private equity models offering differing levels of clinical autonomy or resources?
• Does the consolidation brought on by private equity present an opportunity to drive change in various ways in the profession?
• What is the biggest takeaway for dermatologists?

PGP has advised three dermatology practices to successful private equity outcomes in the last 12 months, and 16 dermatology practices since 2018, making the firm one of the most active advisors to dermatology and medical aesthetics (medspa) practice owners.

To read or download the full article, please visit the Practical Dermatology website.