BDO provided financial and tax due diligence to TriSpan on their acquisition of sk:n in February 2019 and has also advised on sk:n’s acquisition of aesthetic skincare provider Destination Skin for an undisclosed sum in May 2019.
Destination Skin operates 16 clinics, mainly in London and the South of England but also in Cardiff, Birmingham and Manchester. It provides a range of anti-ageing and aesthetic skin treatments alongside laser hair removal.
The sk:n group said the acquisition marked the first steps in its growth strategy and with TriSpan’s support, it plans to open new clinics under both the sk:n and Destination Skin brands in the coming months.
The group now operates 68 clinics and has total revenues of approximately £40m.
It has been a pleasure advising sk:n since 2012 and we look forward to seeing this business continue to grow with support and investment under Trispan ownership.
Vinod Patel, Corporate Finance Director