Tonka Bay Equity Partners LLC has made an undisclosed investment in United Skin Specialists LLC. No financial terms were disclosed. Based in the greater Minneapolis area, USS is a provider of practice management services to dermatology offices in the Midwest.
MINNETONKA, Minn. (September 15, 2015) —Tonka Bay Equity Partners LLC (“Tonka Bay”) announced today its investment in United Skin Specialists LLC (“USS”), a healthcare practice management company providing management services to dermatology offices in the Midwest. Tonka Bay partnered with Dr. Brian Zelickson in this transaction. USS is Tonka Bay’s fourth platform investment in the practice management industry.
With roots tracing back nearly 50 years at some locations, USS’s network of offices have built a reputation of providing patient centered dermatology services led by Dr. Brian Zelickson and Dr. Alvin Zelickson. Tonka Bay has also partnered with Jim Feinstein, President and COO of USS, who has 20 years of experience in the practice management industry. The USS partner network provides innovative medical and cosmetic dermatology care, including Mohs surgery and pathology. USS plans to increase their network of offices and services through both acquisitions and organic growth.
Dr. Brian Zelickson, CEO of USS, said, “Over the years our team of doctors and support staff has worked hard to develop a reputation of the highest quality medical care centered on the patient’s needs. We feel this partnership will allow us to focus even more on patient care and growth as USS provides management services to our practices.”
Steve Soderling, Partner of Tonka Bay and USS Board member said, “We have enjoyed being involved in the practice management industry for the past 15 years and are excited about the opportunity to work with a physician of Dr. Zelickson’s caliber in dermatology.”
About Tonka Bay Equity Partners
Based in Minnetonka, MN, Tonka Bay Equity Partners is a private equity firm that acquires and invests in growth-oriented businesses in the business services, highly-engineered manufacturing, and value-added distribution sectors. For more information, call (952) 345-2031 or visit www.tonkabayequity.com.
United Skin Specialists LLC (“USS”) provides practice management services to a variety of well-established dermatology offices. USS’s goal is to enable successful dermatology practices in maintaining and expanding their patient oriented dermatologic services while creating a great work environment for the providers and their support staff. The corporate headquarters are located in the greater Minneapolis, Minnesota area.