Partnering with a private equity (PE) firm can be an exciting opportunity to grow your plastic surgery practice. It can provide you with the capital, resources and expertise needed for expansion. But to make the most of this opportunity, you have to find the right fit first. Here are a few of the boxes to check when looking for the right PE partner for your practice.
Your Goals Align
Are you looking for a quick sale of your practice or do you want to be involved over the next several years to continue overseeing your practice and enjoying its success? You want to make sure you find a private equity group that aligns with these goals, whichever one is your cup of tea.
At Olympus Cosmetic Group, we are looking to partner with plastic surgery practice owners who fit into the latter category and are looking to remain actively involved in their practice and contribute to its continued success. We’re interested in long-term partnerships with surgeons who want to see their practice expand and thrive over time before considering a full sale or other exit strategy.
You Agree on Your Level of Autonomy
Maintaining autonomy is often a top concern for plastic surgeons when entering into a partnership with a private equity firm. Our board is predominantly made up of experienced surgeons, so we value your desire to stay involved in the day-to-day operations and decisions of your practice. We believe in empowering our partners to have control over their practice while benefiting from the resources and support of a PE firm.
Your Partner Has Industry Expertise
Choosing a private equity partner with specific expertise in the plastic surgery industry is key to ensuring a smooth transition and optimizing the overall success of the partnership. Our surgeon-led group brings decades of experience in plastic surgery, giving us unique insight into the challenges and opportunities facing modern practices. This knowledge and expertise allows us to provide more targeted support, helping you effectively grow your practice while maintaining the highest standards of care.
There Are Clear Terms and Transparency
A PE firm that is clear and upfront about what a partnership would look like is a green flag. You want to make sure you fully understand the terms and expectations of the partnership before deciding if it could be the right fit for your practice.
At Olympus Cosmetic Group, we are upfront about our expectations, terms and partnership details. We believe in putting everything on the table to ensure that both parties are a good fit for each other. We want you to feel confident in your decision to partner with us and to know that your practice is in good hands.While we have an invite-only policy to ensure our surgeon-led network includes the most successful plastic surgery practices nationwide, we welcome you to contact us to express your interest in joining our elite group if you feel that a partnership with us could align with your goals for your practice.
