Chicago Pacific Founders has made an undisclosed investment in Pinnacle Dermatology. Headquartered in Joliet, Illinois, Pinnacle is a top Midwest dermatology practice.
Chicago Pacific Founders (“CPF”), a strategic healthcare investment fund exclusively focused on healthcare services and caring for aging populations, is pleased to announce that it has recently completed an investment in Pinnacle Dermatology. Pinnacle Dermatology is one of the leading dermatology practice organizations in the Midwest.
“We are excited to be working with the founders of Pinnacle Dermatology and their highly regarded team. Together we look forward to building the premier dermatology practice in the country centered around improved patient care and outcomes,” said Mary Tolan, CPF Cofounder and Managing Partner. “To support Pinnacle, we have committed additional resources and capital to accelerate Pinnacle’s growth strategy and further fund geographic expansion through acquisitions and organic growth.”
Headquartered in Joliet, Illinois, Pinnacle was founded in 2004 by Dr. Jose Rios and Dr. Paula Lapinski and has grown into a multi-center practice with offices throughout the Midwest.
Pinnacle delivers a comprehensive suite of dermatology and cosmetic services, caring for conditions like psoriasis, dermatitis, acne, and eczema and providing early detection of and highly-effective treatments for skin cancers, through its team of board-certified dermatologists,
Mohs and plastic surgeons, physician assistants, and nurse practitioners. Pinnacle also provides pathology lab services to ensure that its physicians and patients have access to the most pertinent and informative dermatologic testing information available.
Dr. Rios graduated from Princeton University before obtaining his medical degree with honors from New York University School of Medicine. He is currently board-certified in plastic surgery, and is actively involved in a number of industry professional societies.
Dr. Lapinski earned her undergraduate degree from The University of Notre Dame, graduating with Honors as a member of Phi Beta Kappa. She went on to attend Northwestern University School of Medicine. Her interest in patients with skin cancer led her to complete additional training in the area of Mohs micrographic surgery. She has lectured at local and national meetings as a clinical instructor in dermatology and dermatologic surgery.
“We are thrilled to partner with the extremely experienced and talented team at Pinnacle,” said CPF Partner Krista Hatcher. “Our partnership is based on a shared passion to expand Pinnacle’s geographic reach to meet a growing need, especially given the increasing prevalence of skin cancer and demand from the aging population. Their outstanding reputation and commitment to high quality care positions Pinnacle Dermatology to be the leader in its market and beyond.”
Dr. Lapinski said, “We are excited to begin this new journey with partners as highly respected in healthcare as Chicago Pacific Founders. We believe that together we can fulfill our mission to expand our presence and provide patients with better access to our doctors and an even higher quality of care.” Dr. Rios added, “CPF is uniquely positioned to support our expansion due to its experience with provider-based businesses, deep operating and transaction expertise, extensive healthcare relationships, and a proven track record of building healthcare service businesses.”
The Pinnacle Dermatology platform represents CPF’s commitment to partnering with founders of health delivery services that provide the highest quality care for our patients, providers, and payors, at the lowest possible cost.
About Chicago Pacific Founders
Based in Chicago and San Francisco, Chicago Pacific Founders (“CPF”) is a leading private equity firm focused on investing in growth companies within healthcare services and caring for aging populations. CPF believes that the most significant societal impact and investment returns from healthcare for the next decade will be generated by investment in delivery model innovation. CPF’s leadership team is made up of former healthcare CEOs and senior executives with a passion and track record of building healthcare businesses. For more information, please visit www.cpfounders.com.