Princeton Medspa Partners Closes $120M Growth Financing

Princeton Medspa Partners, a Princeton, NJ-based national medspa acquisition platform in medical aesthetics market, closed $120M in Growth financing.

BC Partners, an alternative assets investor with approximately $40 billion of assets under management, provided the growth capital.

The company intends to use the funds to refinance its existing credit facility and fund near-term acquisitions.

Founded by Jim Waskovich, who is also the Co-founder and Managing Partner of Princeton Equity Group, a private equity firm with substantial experience in high-growth, multi-site companies, PMP specializes in partnering with medical spas and providing aesthetic services. The company owns and operates 10 injectables-focused medspa clinics located in attractive suburban markets.