The 27-year-old entrepreneur says she has $20 million in backing from private investors to acquire another tranche of clinics and revolutionise the clinic business model.
“There has been an enormous cultural shift around the attitude to aesthetic treatments,” she says.
“The US and UK are already experiencing this kind of growth which is why consolidation in the cosmetic medical, dermatology and other associated industries is taking off so successfully.”
AMG claims to be Australia’s first consolidator of cosmetic medical and dermatology clinics.
The privately-owned company says this initial investment to acquire more clinics is part of a longer-term plan that will see it invest further to continue its expansion of the doctor-led clinics.
Under Aura’s acquisition model, clinics will maintain their brands and will continue to run everyday operations with existing staff. However, Aura will oversee business activities and financial responsibilities while providing marketing, HR andxjmtzyw admin support.
AMG’s South Australian outlet, Epiclinic, is in Wakefield St in the city while its three Brisbane Skin clinics are scattered across the suburbs.
The company is led by Adelaide-based chief executive officer David Taylor, 53, an expert in domestic and international healthcare consolidations.
Sydney-based Pior says the Aura model allows clinicians to focus on treating and supporting patients while AMG takes care of everything else.
“We identify clinics owned by doctors who are starting to think about long-term succession planning or how to grow their business, but they don’t have the time or resources to bring it to fruition,” she says.
