- M&A Healthcare Advisors advised Gallaher Plastic Surgery & Med Spa on its sale to Olympus Cosmetic Group.
- M&A Healthcare Advisors advised Gallaher Plastic Surgery & Med Spa on its sale to Olympus Cosmetic Group.
- The acquisition marks Olympus Cosmetic Group’s first practice in Tennessee and expands its platform into a ninth state.
- The partnership positions Gallaher Plastic Surgery for continued growth while preserving its physician-led approach and commitment to patient care.
- The acquisition marks Olympus Cosmetic Group’s first practice in Tennessee and expands its platform into a ninth state.
- M&A Healthcare Advisors advised Gallaher Plastic Surgery & Med Spa on its sale to Olympus Cosmetic Group.
- The acquisition marks Olympus Cosmetic Group’s first practice in Tennessee and expands its platform into a ninth state.
- The partnership positions Gallaher Plastic Surgery for continued growth while preserving its physician-led approach and commitment to patient care.
- The partnership positions Gallaher Plastic Surgery for continued growth while preserving its physician-led approach and commitment to patient care.
LOS ANGELES, September 9, 2026 / PRNewswire / M&A Healthcare Advisors (“MAHA”), a boutique investment bank focused exclusively on the healthcare industry, is pleased to announce the sale of Gallaher Plastic Surgery & Med Spa, a leading provider of surgical and non-surgical cosmetic procedures in Eastern Tennessee, to Olympus Cosmetic Group (“Olympus”), a surgeon-founded aesthetics platform backed by VSS Capital Partners (“VSS”).
MAHA served as Gallaher Plastic Surgery’s exclusive sell-side advisor, with the engagement led by Mike Moran, Managing Director, and Mike Abud, Senior Associate.
The acquisition marks Olympus Cosmetic Group’s entry into Tennessee, a market the organization had identified as an attractive opportunity for continued expansion. As Olympus evaluated opportunities to establish its first practice in the state, Gallaher Plastic Surgery & Med Spa stood out as an ideal partner. Led by highly respected plastic surgeon Dr. Tom Gallaher, the practice has built a strong reputation for clinical excellence, patient care, and high-quality aesthetic outcomes throughout Eastern Tennessee.
For Dr. Gallaher, the transaction provides the practice with a strategic partner capable of supporting its next phase of growth while preserving the physician-led approach and commitment to patient care that have been central to Gallaher Plastic Surgery’s success.
“Olympus had identified Tennessee as an attractive market for expansion, and Dr. Gallaher’s reputation and the quality of the practice made this a compelling opportunity to establish its first location in the state,” said Mike Moran, Managing Director at MAHA. “There was strong strategic and cultural alignment between the parties from the outset. We are proud to have represented Dr. Gallaher and to have helped bring together two organizations that share a commitment to exceptional patient care and continued growth.”
“Mike and his team were incredibly supportive during the entirety of the process and offered excellent advice throughout it. I would highly recommend MAHA if you are a physician considering the sale of your practice,” said Dr. Tom Gallaher, Founder and CEO of Gallaher Plastic Surgery & Med Spa.
“We are very excited to have partnered with Dr. Gallaher and his team at Gallaher Plastic Surgery & Spa. They represent a premium brand and practice that is core to the Olympus platform. We look forward to preserving and growing the brand Dr. Gallaher has built in the greater Knoxville market. Mike and his team at MAHA were outstanding to work with and instrumental in the acquisition process.”, said Ben Cook, CEO of Olympus Cosmetic Group.
Throughout the transaction, MAHA worked closely with Dr. Gallaher and the Olympus team to facilitate negotiations, coordinate diligence, address transaction considerations, and maintain momentum through closing. The successful transaction reflects MAHA’s continued activity advising leading physician-owned practices across the plastic surgery and aesthetics sectors.
About Olympus Cosmetic Group and VSS Capital Partners
Olympus Cosmetic Group is a surgeon-founded and led investment and growth platform built exclusively for the cosmetic specialty. Established by board-certified cosmetic surgeons, Olympus offers a comprehensive range of surgical and non-surgical aesthetic treatments from state-of-the-art facilities across its growing national footprint. The acquisition of Gallaher Plastic Surgery represents Olympus’ first practice in Tennessee and expands the platform’s presence into its ninth state.
Headquartered in New York, VSS is a private investment firm that invests in the healthcare, education, and business services industries. VSS partners with lower middle-market companies, working closely with management teams to facilitate their next stage of growth. VSS provides capital for growth financings, recapitalizations, strategic acquisitions, and buyouts, with the flexibility to invest control or non-control capital based on the needs and objectives of each company. VSS has managed $4 billion in committed capital across eight funds and has completed 105 platform investments and more than 600 add-on acquisitions.
About M&A Healthcare Advisors
M&A Healthcare Advisors is a FINRA-licensed boutique investment bank specializing in Sell-Side Representation, Buy-Side Representation, M&A Consultation, and other Investment Banking Services across the lower-middle-market healthcare industry.
The founders of M&A Healthcare Advisors have advised on transactions across a variety of healthcare verticals, including Behavioral Health, Autism Services, I/DD, Hospice, Home Health, Home Care, Private Duty, Physician Practices, Plastic Surgery, Med Spa, Staffing and Medical Recruiting, and all types of Pharmacy.
