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OrangeTwist Announces Strategic Alliance with SBC Medical Group Holdings and Expansion to 24 Locations Across 6 States to Support Long-Term Growth Initiatives
Businesswire· 2026-01-07 14:35
Core Insights - OrangeTwist has formed a strategic alliance and minority investment with SBC Medical Group Holdings to enhance its national growth strategy in the med spa sector [1][3] - The company has expanded its operations by acquiring six additional med spa locations, bringing its total to 24 across six states [2] Company Expansion - The acquisition of six new locations in Colorado and Nevada signifies OrangeTwist's commitment to scaling its client-centric model of non-invasive aesthetic care [2] - The company now operates in California, Texas, Washington, Nevada, Colorado, and New Jersey, reinforcing its national presence [2] Strategic Partnerships - The partnership with SBC Medical Group will facilitate collaboration on clinical protocol development, technology integration, and operational scalability [3] - This alliance is expected to position OrangeTwist for accelerated market leadership and long-term growth in both domestic and international markets [3] Financial Backing - OrangeTwist is supported by private equity firms Hildred and Athyrium Capital Management, which provide institutional backing for organic growth and strategic acquisitions [4] - The financial support is aimed at ensuring long-term platform growth and expansion [4] Market Opportunity - The U.S. aesthetic market is viewed as a significant growth opportunity, with OrangeTwist's differentiated model and expanding footprint positioning it for scalable and sustainable growth [5] - The company is focused on elevating the standard of non-invasive aesthetic care through innovation and premium client experiences [5] Company Overview - OrangeTwist is a leading provider of medically supervised aesthetic and wellness treatments, with a comprehensive portfolio of services [6] - The company emphasizes strong clinical oversight and best-in-class operational systems across its 24 locations [6]
IV Therapy Provider, Drip Docx Wellness & Aesthetics, Marks Eight-Month Milestone in Vienna, VA, Following Relocation
TMX Newsfile· 2026-01-03 00:24
Core Insights - Drip Docx Wellness & Aesthetics has successfully operated for eight months at its new location in Vienna, Virginia, after relocating from Alexandria, enhancing its service capabilities in Northern Virginia [1][4]. Group 1: Operational Improvements - The relocation to Vienna was aimed at improving accessibility for clients, allowing for a more convenient experience for residents of Northern Virginia [2]. - The clinic has reported increased scheduling efficiency due to an updated online booking platform, facilitating quicker appointment bookings for clients [4]. - The introduction of digital gift cards has been positively received, catering to seasonal demand and providing a convenient gifting option for wellness services [4]. Group 2: Internal Enhancements - The first eight months in Vienna have allowed the clinic to fine-tune internal operations, streamlining workflows and improving client communication [5]. - The new environment has fostered a more efficient atmosphere for both staff and patients, positioning the clinic to better meet the growing demand for personalized wellness treatments [5]. Group 3: Future Focus - Drip Docx Wellness & Aesthetics plans to continue refining its client-centered approach, offering a comprehensive range of wellness and aesthetic services, including IV therapy and GLP-1-based weight management options [6]. - The clinic is committed to enhancing overall health and vitality for clients in the region, ensuring continued access to high-quality wellness services [6]. Group 4: Company Overview - Drip Docx Wellness & Aesthetics is a concierge medical spa in Vienna, VA, specializing in a variety of wellness and aesthetic services, including IV therapy and Semaglutide weight management programs [7]. - The clinic focuses on delivering personalized care that supports long-term wellness and performance goals through medically supervised treatments [7].
CareCredit Remains Exclusive Financing Solution for AmSpa Members as Synchrony and the American Med Spa Association Extend Partnership
Prnewswire· 2025-12-17 14:00
Core Insights - Synchrony and the American Med Spa Association (AmSpa) have extended their partnership to provide enhanced benefits to AmSpa members, including preferred merchant rates through Synchrony's CareCredit credit card [1][3][7] - The medical spa industry was valued at over $17 billion in 2024 and is projected to grow by more than $1 billion annually, highlighting the need for accessible financial solutions [4] Company and Industry Overview - Synchrony is a leading consumer financial services company that offers financing options to support various sectors, including health and wellness [9] - AmSpa provides business, legal, and clinical training resources to medical spas and aesthetic practices, aiming to enhance member success through partnerships like the one with Synchrony [7][8] - The new merchant transaction rates for AmSpa members will take effect on January 1, 2026, allowing members to save on financing terms for transactions of $200 or more [3][4]
California Medspa Pilots New Generative Artificial Intelligence Technology
Businesswire· 2025-09-30 11:17
Core Insights - The article discusses the first medaesthetic application of Generative AI (GenAI) piloted by BlueSpa in Los Angeles, which aims to provide hyperpersonalized skincare regimens and enhance provider interaction [1] Company Summary - BlueSpa, based in Los Angeles, is at the forefront of integrating Generative AI into the medaesthetic industry, focusing on personalized skincare solutions [1] Industry Summary - The medaesthetic industry is evolving with the introduction of advanced technologies like Generative AI, which promises to revolutionize skincare by offering tailored regimens and improving interactions between providers and clients [1]
Greenwich Medical Spa Celebrates 20 Years As Founder Reflects On Journey To Success
Greenwich, CT Patch· 2025-07-18 17:42
Core Insights - Greenwich Medical Spa is celebrating its 20th anniversary, marking a significant milestone for the founder and CEO, Marria Pooya, who has realized her American Dream [4][11][16] - The business has expanded to seven locations in the tri-state area, growing from four employees to 60 professionals [8][9] Company Background - Marria Pooya founded Greenwich Medical Spa in July 2005, inspired by her experiences in Afghanistan and her first cosmetic procedure in the U.S. [3][4] - The flagship location is situated at 1285 E. Putnam Ave. in Riverside [8] Services Offered - Greenwich Medical Spa provides non-surgical aesthetic treatments, including Botox, dermal fillers, laser treatments, wellness services, weight loss programs, and hormone replacement therapy [9] Achievements and Recognition - The spa is ranked among the top 50 out of 25,000 practices nationwide by Allergan, the maker of Botox, highlighting its exceptional patient care and safety [9][10] - It has received accolades from various publications and was named in Inc. 5000's Fastest-Growing Private Companies in America in 2020 [11] Challenges and Resilience - The business faced significant challenges, including a fire incident that caused extensive damage and delayed operations for about two and a half years [12][14] - Despite these obstacles, the company demonstrated resilience and resourcefulness, ultimately expanding its flagship location from 2,500 square feet to 6,000 square feet [14] Community Engagement - Greenwich Medical Spa actively partners with local organizations and nonprofit groups that support women and minorities, which is considered a core pillar of the business [15] - The founder emphasizes the importance of personal connections with patients and the positive impact of treatments on their self-esteem [15][16] Future Plans - The company aims to expand further into the Northeast, with plans to open around 10 additional locations over the next five years [16]
Mixue Group's Splashy Debut, Kroger's Change, Stuffed Crust Pizza, and Med Spas
The Motley Fool· 2025-03-10 20:53
Group 1: Med Spa Industry Overview - The med spa industry has experienced significant growth, expanding sixfold from 2010 to 2023, with over 10,000 locations in the U.S. and average annual revenue per spa nearing $1.5 million [33] - In 2023, the med spa market was valued at $15 billion, with projections indicating a 15% annual growth rate moving forward [34] - The industry is characterized by a mix of medical and spa services, requiring medical professionals for certain procedures, but with relatively low barriers to entry [32] Group 2: Investment Opportunities - Limited direct investment opportunities exist in the med spa business, as many are privately held, but there are opportunities in the products sold, particularly dermal fillers and neurotoxins [34][35] - AbbVie, the owner of Botox, and Evolus, which specializes in aesthetic products like Jeuveau, are key players in this market, with Evolus expected to expand its product line to include fillers [35][37] - Evolus' unique cash pay business model allows for greater flexibility in pricing and marketing compared to competitors, potentially leading to higher profitability for injectors [36] Group 3: Competitive Landscape - Botox remains the market leader with a market share in the mid-60s, but faces increasing competition from Evolus and other neurotoxins, which have been gaining market share [39] - Evolus has reported a 30% year-over-year sales growth for Jeuveau, indicating strong demand and market penetration [39] - The overall market for neurotoxins and fillers is expected to grow at high single-digit to low double-digit rates, driven by increasing consumer demand [39]