Annapolis, MD, March 14, 2016 – Anne Arundel Dermatology Management (“ADM”), a portfolio company of New MainStream Capital (“NMS”), announced today that it has acquired the practice of Risa M. Jampel, MD. Based in Owings Mills, MD, Dr. Jampel has more than 25 years of experience in cosmetic, general and surgical dermatology. Dr. Jampel’s practice will operate under the “Anne Arundel Dermatology” (“AAD”) name, with AAD growing the team of dermatology professionals providing care to the Baltimore market.
“We are excited to expand our footprint in Maryland with this acquisition.” said Ed Ponatoski, Chief Executive Officer of ADM. “Dr. Jampel has built a great practice and we are delighted to welcome her patients into the Anne Arundel family.”
Dr. Jampel commented, “I am very happy to be joining Anne Arundel Dermatology, an outstanding practice with a fantastic culture. I could not be more pleased with the outcome of the transaction.”
Martin Chavez, Managing Partner at NMS, added, “We are very pleased to close on another acquisition following our initial investment in ADM, executing on our stated strategy of supporting the growth of Anne Arundel Dermatology through acquisitions. This transaction strengthens our presence in the Baltimore area and further builds on our market leadership in the state.”
With this transaction, ADM has completed its second acquisition since its recapitalization in June 2015.
About Anne Arundel Dermatology
Anne Arundel Dermatology is a leading provider of dermatological services in Maryland. Headquartered in Severna Park, Maryland and with 18 locations and over 30 providers, AAD is the largest dermatology practice in the state providing a comprehensive suite of dermatologic services, offering general dermatology, advanced treatment options for skin cancer and cosmetic procedures.
For additional information on Anne Arundel Dermatology, visit www.aadermatology.com.
About New MainStream Capital
New MainStream Capital is a private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends. NMS has invested across a broad spectrum of industries, with particular concentration on service oriented businesses in the following three sectors: Healthcare Services, Business Services, and Consumer Products and Services.
Ed Ponatoski, CEO
AAD Dermatology Management, LLC
410-384-9311 ext 1
David M. Peterson, Vice President
New MainStream Capital