Water's Edge Dermatology and Riverchase Dermatology, together a leading provider of comprehensive dermatology services in Florida and Georgia, has rebranded to AQUA Dermatology. AQUA is owned by private equity firms Gryphon Investors and GTCR. AQUA, with over 80 locations and more than 170 providers, was formed in 2021 through the merger of Water's Edge Dermatology and Riverchase Dermatology, and has since expanded outside of the Florida market with the June 2021 acquisition of Goodman Dermatology in Atlanta.
"Our overall business has seen explosive growth over the past four years, and it was time to rebrand the company under a new, unified name," said Larry Kraska, CEO of AQUA. "We wanted a name that reflected a common theme and key component of both companies' founding brands, so it made sense to come together under AQUA. We are proud to combine the tradition of these high-quality healthcare providers under one umbrella, while retaining the unique identities and commitment to patient care that have made these practices such vital presences in their communities."
On the same day as the rebrand, AQUA announced that it has acquired Intracoastal Dermatology, a Jacksonville, Florida-based provider of medical dermatology treatments and aesthetic skin care services. Intracoastal Dermatology provides a full array of medical dermatology treatments and aesthetic skin care services in its two locations. Founders Kendall Adkisson, MD and Florence O’Connell, MD will remain with the practice, along with their staff, and the practice will continue to operate under the Intracoastal name, which is well known in the Jacksonville market.