Kirkland Represents BayPine on Acquisition of Pinnacle Dermatology
Kirkland & Ellis advised BayPine, a private investment firm, on its acquisition of Pinnacle Dermatology, the largest female-founded dermatology management services organization in the United States. Pinnacle’s management team, led by Chief Executive Officer Chad A. Eckes, Chief Medical Officer and President Dr. Jose Rios, and its founder, Dr. Paula Lapinski, are partnering with BayPine in the transaction and will continue in their current roles. Chicago Pacific Founders, the Company’s current financial sponsor, will roll a portion of its ownership in Pinnacle post-closing. The transaction is subject to customary closing conditions and is expected to be completed during the fourth quarter of 2021. Terms of the transaction were not disclosed.
Read the BayPine press release
The Kirkland team was led by corporate partners Ravi Agarwal and Lukas Richards and associates Oliver Yee, Sitraka St. Michael and Iris Ryou, debt finance partners Melissa Hutson and East Berhane, tax partners Mike Beinus and Vivek Ratnam, investment funds partner David Sherman, healthcare regulatory partners Chad Ehrenkranz and Jordan Cohen, and included corporate partner Peter Martelli.