Varsity Healthcare Partners, a lower middle-market healthcare services private equity investment firm, formed a new investment platform, United Aesthetics Alliance. UAA is a holding company created to consolidate market-leading, clinically differentiated cosmetic surgery practices and affiliated medical spa service providers.
Simultaneous with the creation of UAA, Varsity announced that the company had completed its initial platform investment, a recapitalization and growth capital partnership with Edina Plastic Surgery, Edina Surgery Center, and Skin Artisans based in the Minneapolis/St. Paul area, founded in 1977 and led by a team of four physician shareholders. Read more.