Anne Arundel Dermatology Management acquires Maryland Dermatology Associates [Reuters]
Healthcare Services Group, Inc. (HCSG)
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Source: Reuters
January 24, 2017 By Iris Dorbian Anne Arundel Dermatology Management , a portfolio company of New MainStream Capital, has acquired Maryland Dermatology Associates LLC , a provider of general, surgical and cosmetic dermatology services. No financial terms were disclosed. PRESS RELEASE Annapolis, MD, January 2017 – Anne Arundel Dermatology Management (“ADM”), a portfolio company of New MainStream Capital (“NMS”), announced today that it has acquired Maryland Dermatology Associates, LLC (“MDA”). Founded by Dr. Juris Germanas, MDA has been providing general, surgical and cosmetic dermatology services to the Westminster, MD area for over seven years. The practice, with locations in Westminster, Mt. Airy and Eldersburg, MD, will operate under the “Anne Arundel Dermatology” brand name. “We are excited to expand our footprint into the northern Maryland area with this acquisition,” said Ed Ponatoski, Chief Executive Officer of ADM. “Dr. Germanas has built a g
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