ADCS is recognized as one of the largest owners and operators of dermatology clinics nationwide with over 180 locations. Its clinics treat patients with a range of conditions including skin cancer, skin infections and rashes, acne, psoriasis, eczema and rosacea.  The company was founded almost 30 years ago by a dermatologist focused on providing a full-spectrum of dermatology care.  First Capital Partners provided mezzanine debt to support a private equity firm’s add-on acquisitions to the ADCS platform.