Independent sponsor DuneGlass Capital forms med spa provider Aviva Aesthetics in partnership with Pura Vida Medspa, Aviva CEO Tyler Weinberg tells Axios exclusively. With increasing scrutiny surrounding sponsor-backed health care companies, private equity’s appetite for lower-risk assets like med spas is growing. DuneGlass formed med spa management services organization (MSO) Aviva last month. The acquisition of Fulton, Md.-based Pura Vida is its first deal. Aviva is generating under $10 million in revenue, and it is seeking to partner with med spas in the $2 million to $15 million range, Weinberg says.
Read the full article: DuneGlass and Pura Vida Form Aviva Aesthetics Medspa //
Source: https://www.axios.com/pro/health-tech-deals/2024/09/18/exclusive-aviva-aesthetics-acquires-pura-vida-medspa