LOS ANGELES, CA – February 3, 2023 – Westcove Partners LLC (“Westcove”), an emerging and highly specialized investment bank, announced that it acted as the exclusive financial advisor to Kaufman & Davis Plastic Surgery (“Kaufman & Davis” or “K&D”) in its partnership with Prime Aesthetics Group (“Prime”), a healthcare partnership comprised of the country’s leading plastic surgery practices. K&D is a leading plastic surgery provider in Northern California that has provided more than 20,000 procedures since its inception in 2006. The terms of the transaction were not disclosed. Westcove’s deal team included Justin Hand, Managing Director, Abe M’Bodj, Director, Dimitri Michalakis, Associate, Rebecca Phuong, Associate, and Fei Han, Analyst.
Kaufman & Davis, based in Folsom, California, and has been serving the Sacramento region for 16 years. The practice provides a full array of surgical, laser, and non-surgical treatments in their state-of-the-art office, and prides itself in providing a patient-centric approach through its highly experienced providers and staff. All Kaufman & Davis physicians are experienced, board-certified plastic surgeons coming from top-tier medical schools and residency programs. Dr. Kaufman and Dr. Davis have a combined 35 years of experience. The practice’s third surgeon, Dr. Daly, was a Stanford Plastic Surgery Fellow; one of two selected for this distinction. The modern facility is a 13,500 square-foot building and has two AAAASF-accredited operating rooms and maintains an exemplary safety record.
Bringing K&D into its network, Prime will expand its footprint into Northern California. Prime Plastic Surgery has a national reach with eight locations across California and Washington DC and is growing to become one of the nation’s largest plastic surgery groups.
Dr. David Kaufman, Founder of Kaufman & Davis Plastic Surgery, stated, “We are excited to start this new chapter with Prime and appreciate Westcove’s guidance throughout this process. The team offered invaluable advice and demonstrated professionalism as well as dedication to client service.”
“We are thrilled to partner with K&D to further expand our footprint in California.” said George Scopetta, Chief Executive Officer of Prime Aesthetics Group. “Dr. Kaufman and Dr. Davis are well-respected in the market and have an unwavering commitment to personalized care. We believe this partnership will further our mission to provide the highest caliber of patient care with superior outcomes.”
Justin Hand of Westcove comments, “We are excited to have advised Kaufman & Davis on this transaction. K&D provides high-quality personalized care to its patients and has built a strong reputation in the Northern California region. We believe the partnership between K&D and Prime will allow Prime to significantly strengthen its presence in California.”
Kaufman & Davis Plastic Surgery is a regionally dominant plastic surgery practice located in Folsom, California. The Company offers a full range of surgical and non-surgical cosmetic treatments. For more information, visit www.thenaturalresult.com.
Prime consists of the top surgeons in the country providing the highest caliber of patient care. It offers cosmetic procedures, both surgical and non-surgical, to help patients achieve truly life-changing results. Through an innovative business model, Prime has compiled under one corporate entity several leading practices which reduce costs, unlock value, and enhance patient care. For more information, visit www.PrimeAestheticsGroup.com.
Westcove Partners is a leading healthcare-focused investment bank that specializes in advising its clients through mergers & acquisitions, debt and equity financing, as well as other complex corporate finance transactions.