Water's Edge Partners with Goodman Dermatology

Water’s Edge Dermatology has partnered with Goodman Dermatology, P.C., a general and cosmetic dermatology practice in Atlanta. Water’s Edge Dermatology recently merged with Riverchase Dermatology (collectively, “WED/RCD”) and is a leading provider of comprehensive dermatology services throughout Florida. Terms of the transaction were not disclosed. 

Led by Dr. Marcus Goodman, a board-certified dermatologist, Goodman Dermatology offers medical and cosmetic dermatology services, skin cancer treatment and surgery (including Mohs surgery), and spa and laser treatments to adults and children. With four locations in north suburban Atlanta and a staff of approximately 50, Goodman Dermatology will continue to provide services under its existing name. Dr. Goodman will invest a portion of his proceeds into WED/RCD.

Larry Kraska, CEO of WED/RCD, says, “We are pleased to welcome Marcus and the Goodman Dermatology Team. This partnership marks our first expansion outside of Florida, and Atlanta is a target growth market for WED/RCD. Goodman Dermatology’s reputation as a premier medical, surgical, and cosmetic dermatology practice, along with their proven track record of driving profitable growth, is a great fit for our organization. This partnership is an important step as we work to become the leading provider of comprehensive dermatology and cosmetic services in the region.” 

Goodman Dermatology also operates a dermatology residency training program in conjunction with the Philadelphia College of Osteopathic Medicine. The program, founded in 2013 and accredited by the Accreditation Council for Graduate Medical Education (ACGME), was the second dermatology residency program established in the Atlanta area. 

The combined entity of WED/RCD is jointly owned by leading middle-market private equity firms Gryphon Investors, which purchased WED in 2018, and GTCR, which acquired RCD in 2016. WED and RCD merged in 2021 to form the joint entity.