Princeton Medspa Partners Closes $120 Million Growth Financing
Summary
BC Partners, a leading alternative assets investor with approximately $40 billion of assets under management, provided the growth capital to refinance the Companys existing credit facility and fund near-term acquisitions.PMP owns and operates 10 injectables-focused medspa clinics located in attractive suburban markets. Since 2022, the Company has built a scaled platform leveraging its reputation as the "Partner of Choice" for provider-owned practices. PMP is led by its team of experienced operators, who have successfully built multiple consumer and healthcare services businesses adding over 400+ units in less than 5 years, combined. The Company has significant runway to acquire market-leading suburban clinics and help providers better operate and grow their practices. "We are excited to partner with PMP and Princeton Equity Group, given their impressive track record growing the Company to where it is today.