Pouschine Cook Forms Golden State Dermatology
New York, New York (December 1, 2015) – Pouschine Cook Capital Management (“Pouschine Cook”), a healthcare services and business products and services focused private equity investment firm, announced today that, in partnership with Yukon Partners (“Yukon”) and the existing shareholders of Walnut Creek Skin and Laser, it has formed Golden State Dermatology to provide business and practice management services to Walnut Creek Skin and Laser and build a high quality, high performing dermatology network in the East Bay area of San Francisco.
“We are thrilled to partner with Dr. Becker, Dr. Zimmerman and the other medical providers. We all share a passion for providing the highest quality of care, and we look forward to building the platform to support significant expansion,” said John Pouschine, founder of Pouschine Cook.
“Pouschine Cook, Yukon and the Walnut Creek Skin and Laser team all share the vision of delivering the highest quality patient care, outstanding customer service and exceptional patient, staff and physician satisfaction,” said Dr. Ed Becker, founder of Walnut Creek Skin and Laser. “In this time of consolidation at all levels of the healthcare delivery system, the experience of Pouschine Cook in building strong infrastructure to support rapid growth and healthcare financing expertise of Yukon will enable us to execute our strategy through both opening new offices and the merger and integration of the highest quality dermatology practices in the Bay Area and beyond.”
Bill Dietz, Managing Partner of Yukon, added, “We are excited to partner with Dr. Becker, Dr. Zimmerman, the Walnut Creek Skin and Laser team, and Pouschine Cook to support the investment in Golden State Dermatology. We are confident that with Pouschine Cook’s leadership, alongside the physicians’ strong reputation, operational expertise and industry experience, the platform will continue its impressive track record of growth and operational excellence.”
“We were honored to represent Walnut Creek Skin and Laser and found the perfect partners in Pouschine Cook and Yukon,” said Craig Lawson, Managing Director at MHT MidSpan. “With years of successful investment experience in similar location based healthcare services businesses, and a commitment to building premier networks, Pouschine Cook brings the optimal mix of expertise, interpersonal dynamics, strategic value-add and wherewithal to Walnut Creek Skin and Laser.”
Walnut Creek Skin and Laser was represented by investment bank MHT MidSpan and McDonald Hopkins. Pouschine Cook was advised by McDermott Will & Emery, and Yukon was advised by Schiff Hardin.
About Golden State Dermatology / Walnut Creek Skin and Laser
Golden State Dermatology, with headquarters in Walnut Creek, California, provides practice management services to dermatology practices in the East Bay area of San Francisco. The Company was formed by Dr. Ed Becker and Dr. Jay Zimmerman, and will initially provide practice management services to Walnut Creek Skin and Laser. Walnut Creek Skin and Laser specializes in medical conditions of the skin, hair and nails, as well as surgical and non-surgical cosmetic skincare, anti-aging and body contouring. The practice consistently is among the most highly rated in Northern California. For more information, please visit www.walnutcreekskinandlaser.com
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