Aura Medical Group
Health

Aura Medical Group

Specialist dermatology, skin cancer and cosmetic medicine clinics

At a glance

Sector
Health
Founded
2021
Fortitude partner since
2021
Investment type
Establishment
Fortitude directors
Nick Dignam and Sam O’Connor

The business

Aura Medical Group operates doctor-led dermatology, skin cancer and cosmetic medicine. Established in 2021 as a corporate operator, the business currently runs clinics across Queensland and Victoria.

At least two in three Australians will be diagnosed with skin cancer, and the country has the highest melanoma incidence in the world, yet specialist dermatologist numbers are short and waiting lists long.

Aura Medical Group

Why Fortitude partnered.

The same frame guides every investment: good people, building a good business, in a good market. For Aura Medical Group, that means:

01 Good people

An operator team that have extensive medical services experience.

02 Good business

Referral-driven medical dermatology and skin cancer surveillance alongside elective aesthetics, in a market of single-practitioner clinics facing succession challenges.

03 Good markets

Structural demand from the world’s highest melanoma incidence, a documented shortage of consultant dermatologists with opening international pathways, and a fragmented clinic market.

How we work together.

Fortitude provided primary capital to build a corporate operator behind a group of specialist clinics. Fortitude and management have since invested in the operating platform, in clinic acquisitions and in recruiting scarce specialist practitioners.

Capital

Primary capital to fund clinic acquisitions and investment in the corporate operating platform.

Strategy focus

Deal experience to acquire and integrate clinics, and an international pathway to recruit scarce specialist practitioners.

People and governance

Added a team who have scaled national clinic networks from scratch and maturity.

Could this be your next chapter?

If you are a founder weighing up a partner, see what the journey looks like, or start a conversation, in confidence and with no obligation.

Prototype  ·  Fortitude v1.6.0