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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
Vienna, Virginia--(Newsfile Corp. - January 2, 2026) - Drip Docx Wellness & Aesthetics proudly marks a significant milestone: eight months of successful operation at its new location in Vienna, Virginia. After relocating from Alexandria earlier in the year, the GLP-1 weight loss clinic Vienna has solidified its presence in Northern Virginia, enhancing its ability to serve clients seeking specialized wellness and aesthetic care. The decision to move to Vienna was driven by a desire to improve accessibilit ...
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]