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FYidoctors Acquires Medical Aesthetics Chain ReNue

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December 9, 2019

FYidoctors is excited to announce the acquisition of ReNue, a chain of doctor-led medical aesthetics clinics based in Calgary, Alberta. This acquisition marks a significant growth opportunity for FYidoctors, as it seeks to enter the growing field of medical aesthetics.

Founded in 2002 by Dr. Jason McWhirter as an extension of his established medical practice, ReNue provides holistic patient-centric care that helps patients look and feel confident. Blending the safety, security and technology of a medical practice with a highly refined aesthetic sensibility, ReNue offers patients advanced skin care, hair removal, body services, as well as minimally invasive cosmetic options, all in a private and relaxed setting.

As part of the FYidoctors team, ReNue aims to become one of Canada’s leading providers of medical aesthetics services, with plans to expand across Canada. FYidoctors has vast experience in bringing over 250 eye clinics together and will share that expertise with Dr. McWhirter as he pursues his dream of building a trusted medical aesthetics brand in Canada.

“To our core, FYidoctors is dedicated to enhancing the lives of our patients,” said Dr. Alan Ulsifer, CEO and Chairman of FYidoctors. “We are committed to doctor-led patient care, which makes joining forces with ReNue a natural fit. As patients continue to seek out a personalized health care approach, we are positioned to support them on that journey.”

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Dr. McWhirter said that patients will be the prime beneficiaries of the FYidoctors-ReNue partnership.

“Partnering with a powerhouse like FYidoctors that shares our values of putting patients before products, will enhance our footprint and, ultimately, the quality of care we provide,” said Dr. McWhirter. “By bringing together our medical aesthetics expertise with FYidoctors’ established system for business support and growth, ReNue is ready to expand operations to bring our trusted, modern and holistic approach to many more patients across Canada.”

FYidoctors has been continuously expanding its footprint across Canada, adding almost 70 new locations in 2019 to date. Currently, operations occupy more than 480,000 square feet of retail space, with an additional 47,000 square feet for their state-of-the-art ophthalmic laboratory and distribution centre in Delta, BC.

Source: BioSpace

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