FYidoctors Acquires ReNue as it Expands into Growing Medical Aesthetics Market

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CALGARY, Alberta—FYidoctors announced Tuesday that it has acquired ReNue, a chain of doctor-led medical aesthetics clinics based here in Calgary. This acquisition marks a significant growth opportunity for FYidoctors, as it seeks to enter the growing field of medical aesthetics, the announcement noted. The terms of the deal were not disclosed. 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,” the announcement noted.

Blending the safety, security and technology of a medical practice with a highly refined aesthetic sensibility, ReNue offers patients advanced skin care and hair removal, as well as minimally invasive cosmetic options.

Under the FYidoctors corporate organization, ReNue will undertake an effort “to become one of Canada’s leading providers of medical aesthetics services, with plans to expand across Canada,” according to the announcement. FYidoctors has experience in such growth, as it has brought more than 250 eye clinics together and will share that expertise with Dr. McWhirter as he pursues the effort to “build a trusted medical aesthetics brand in Canada,” the companies said.

“To our core, FYidoctors is dedicated to enhancing the lives of our patients,” Dr. Alan Ulsifer, chief executive officer and chairman of FYidoctors, said. “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.”

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,” he said. “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.”

This year, FYidoctors has aggressively expanded its footprint across Canada, adding almost 70 new locations in 2019 to date.