White Oak Global Advisors provided a senior credit facility to Prime Plastic Surgery and Med Spa, a healthcare partnership comprised of board-certified aesthetic surgery practices, which will use proceeds from the facility to fuel future acquisitions and scale up existing operations and facilities.
“Prime is quickly expanding as a leading provider in the space known for the most excellent patient care,” Allan Marzen, managing director of White Oak Global Advisors, said. “We’re pleased to have helped support their growth story and welcome the opportunity to work together on future acquisitions.”
Prime Plastic Surgery was founded fewer than three years ago by Western Metal Investments, a healthcare-focused family office led by Dr. James Chao and George Scopetta. Addressing the challenges of a fragmented industry, Prime Plastic Surgery has created a unique physician-led business model with the goal of establishing the industry’s most elite brand focused on quality surgeries and improving the patient experience.
“White Oak’s flexible structure and speed of execution were critical for us at this stage of our company’s growth,” Dr. Chao, co-founder of Prime Plastic Surgery, said. “Our partnerships unlock value for leading practices by reducing their cost structure, easing operational burden and providing significant capital to scale operations. We’re grateful to be working with a capital provider such as White Oak that enables us to continue in our mission of improving patient care.”
