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Laser Md Medspa Announces Acquisition Of Luxe Beauty Med Spa, And The Opening Of Two New Massachusetts Locations

Sep 09, 2021•almost 4 years ago

Acquiring Company

Laser MD Medspa

Acquired Company

Luxe Beauty Lounge

ManufacturingConsumer GoodsHealth CareCommunity And Lifestyle

Description

Laser MD Medspa, the premier medical spa services company in the Boston metropolitan area, announced today the acquisition of Luxe Beauty Lounge ("Luxe Beauty"), a growing medical spa in Peabody, MA. Luxe Beauty offers a full suite of cosmetic and aesthetic treatments, including Botox® and other injectables, laser hair removal services, body contouring solutions, skin rejuvenation and wellness treatments.

Company Information

Company

Laser MD Medspa

About

Laser MD Medspa, LLC was formed by the combination of Laser MD Medspa, LLC and SculptMe, LLC. Founded in 2012 and headquartered in Braintree, MA with eleven locations throughout the greater Boston metropolitan region, Laser MD Medspa is a leading provider of medical spa services. Primary services include laser hair removal, body contouring services (such as CoolSculpting®) and Botox®, supplemented by additional injectable, skin and other aesthetic procedures. The company has grown systematically through de novo location additions, targeting visible high traffic areas with attractive demographic characteristics, where it can create relaxing spa-like environments for clients. For more information, visit www.lasermdmedspa.com and www.sculptme.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed