The Great Friends Podcast
WITH JOHN WHEELER
Why Being the Next “LaserAway” Shouldn’t Be Your Goal
The latest episode of the Great Friends Podcast, hosted by John Wheeler, features a dynamic conversation with Josh Swearingen, a second-time guest and great friend of John. Recorded live on the tradeshow floor at VCS, Josh shares insights into Tusk's recent entry into the medical aesthetics industry. Over the past nine months, Tusk has seen rapid growth and an influx of interest, highlighting the unique opportunities in the medical aesthetics space compared to other fields like dentistry and physical therapy.
Josh discusses the nuances of medical aesthetics, emphasizing the cross-pollination between med spas, dermatology, and plastic surgery, and the importance of matching the right buyers with the right sellers. He explains the challenges and excitement of integrating practices with diverse service mixes and the necessity of discipline in mergers and acquisitions.
John and Josh delve into the current phase of the medical aesthetics industry, comparing it to the early consolidation stages of dentistry. They highlight the importance of choosing the right partners and maintaining a disciplined approach to ensure long-term success. Josh also touches on the evolving landscape of the industry, noting the significant presence of entrepreneurs and MBAs who recognize the potential for growth and innovation.
As the conversation unfolds, they explore the parallels between medical aesthetics and other consolidating industries, discussing the future of dentistry and the opportunities for generational wealth creation in medical aesthetics. Josh's insights offer valuable perspectives for anyone interested in the business side of medical aesthetics and the strategic growth opportunities it presents.
Tune in to hear more about the exciting developments in the medical aesthetics industry and gain valuable knowledge from Josh's expertise and experience. Don't miss this engaging and informative episode of the Great Friends Podcast!
Josh Swearingen stands at the forefront of the healthcare mergers and acquisitions field as a distinguished private equity advisor with Tusk. With a career spanning over two decades in healthcare, Josh has honed his expertise in leading sales and operations, positioning him as a pivotal figure in navigating the complex landscape of M&A. At Tusk, he specializes in advising and conducting due diligence for sellers, playing a crucial role in facilitating successful transactions across various healthcare sectors. Recently, Josh has shifted his focus towards the burgeoning med spa industry, applying his wealth of experience from dental and veterinary healthcare to med spas. His insights into the dynamics of ideal seller and buyer profiles, combined with his strategic approach to private equity, make Josh an invaluable resource for anyone looking to understand or engage in the M&A process within the healthcare sector.
