Princeton Medspa Partners

What Princeton Medspa Partners does

Princeton Medspa Partners (PMP) is a U.S. private equity-backed roll-up platform that acquires and manages independent medical spas and aesthetic clinics. Founded in 2022 by Jim Waskovich — co-founder of Princeton Equity Group — PMP acquires physician-owned medspas, cosmetic dermatology practices, plastic surgery centers, and functional medicine clinics, then layers on centralized back-office services (marketing, HR, accounting, recruiting, purchasing, education) while preserving each acquired brand's local identity. The company has completed at least twelve disclosed acquisitions across more than a dozen U.S. states, including Mirabile Beauty, Health & Wellness, Ridha Plastic Surgery & Medspa, Pure Skin Aesthetic & Laser, Kovak Cosmetic Center, Skinjectables, Skintastic Medspa, Genesis Medspa, Advanced Life Clinic, AlluraDerm MD Med Spa, Greenspring Medical Aesthetics, Skin Care Institute, and Allura Skin, Laser & Wellness Clinics.

The business model combines operator economics with PE-backed consolidation. Revenue is generated through fee-for-service aesthetic treatments (injectables, laser, skin rejuvenation, wellness), supplemented by recurring membership programs billed monthly or annually at the clinic level. PMP does not operate proprietary technology of its own; instead, its platform value is the combination of capital, purchasing leverage on devices and injectables (e.g., Allergan relationships), and shared services that allow selling physicians to exit day-to-day operations while staying clinically engaged. The May 2024 $120 million growth financing from BC Partners (~$40B AUM) is the primary capital base fueling continued M&A, and CEO Matt Slaine (appointed June 2025, succeeded Nick Williams) is scaling the operator team for a target footprint of 100+ clinical locations. The company was one of approximately 20 active acquirers in the fragmented U.S. medical aesthetics sector in 2024.

Name

Princeton Medspa Partners

Legal name

Princeton Medspa Partners

Website

https://princetonmedspapartners.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Princeton Medspa Partners is a PE-backed roll-up platform that acquires and manages independent medical spas and aesthetic clinics across the United States, providing centralized back-office support while preserving each acquired brand's local identity.

Ownership category

akta.pro rank

Product category

Medical Spa Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111), Offices of Other Health Practitioners (6213)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro primary industry

Medical Spas (Medi-Spas) (HSALAFAB)

akta.pro secondary industries

Medical Spas (Medi-Spa) (HSADAKAB), Plastics / Cosmetic & Dermatologic Surgery Centers (HLAFAIAK)

Keywords

• Medical spa acquisitions
• Aesthetic clinic management
• Medspa consolidation platform
• Cosmetic dermatology services
• Healthcare private equity

Headquarters

HQ city

Branford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Medical Spa Operations Revenue: Princeton Medspa Partners generates revenue through owning and operating medical spas that provide aesthetic and wellness services including injectable treatments, laser procedures, skin care, and wellness services. The company acquires existing medspa practices and integrates them into its national network while maintaining their local brand identity.
2. Membership Programs: The company implements membership programs at acquired medspas that drive recurring monthly or annual revenue billed automatically. These membership programs encourage customer retention, provide predictable income, and foster long-lasting client relationships with discounted rates and exclusive offerings.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Princeton Medspa Partners acquires and manages independent medical spas, cosmetic dermatology, plastic surgery, and functional medicine clinics across the United States. The company provides a centralized suite of business services — marketing, recruiting, HR and administrative management, accounting and reporting, education and training, purchasing power, and operational excellence — to acquired partners while preserving each clinic's local brand identity and physician leadership. End consumers receive aesthetic medical services including injectables, laser treatments, skin rejuvenation, and wellness services at the acquired clinic locations.

Product overview

Princeton Medspa Partners (PMP) operates as a national acquisition and management platform for medical spas and aesthetic clinics. Rather than offering a single software product, PMP acquires and partners with established medical spas across the United States—including Allura Skin, Genesis Medspa, Kovak Cosmetic Center, Skinjectables, Skintastic, Mirabile Beauty, Ridha Plastic Surgery & Medspa, Pure Skin, and Advanced Life Clinic—while providing centralized business services including marketing, purchasing power, recruiting, HR, accounting, education, and operational support. The platform allows acquired clinics to maintain their local brand identity while gaining access to national scale, resources, and best practices. Services are delivered as an integrated suite: Marketing and Purchasing Power form the revenue-driving module; Recruiting, HR & Administrative Management, and Accounting & Reporting form the back-office module; Education & Training and Operational Excellence form the clinical excellence module; and Membership Programs provide recurring revenue tools for partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Princeton Medspa Partners Network (Acquisition & Management Platform) National acquisition and management platform that acquires and partners with leading medical spas, cosmetic dermatology, plastic surgery, and functional medicine clinics, providing centralized business support including marketing, HR, accounting, operations, and education while allowing acquired clinics to retain their local brand identity.
• Marketing Services for Partner Clinics Centralized marketing expertise for acquired medspa partners, including brand development, digital marketing, and patient engagement strategies specialized for medspa consumers.
• Recruiting & Talent Acquisition for Partner Clinics Talent acquisition service that leverages industry connections and proven systems to attract top providers, practitioners, and staff for acquired partner clinics, including leadership development and retention strategies.
• HR & Administrative Management for Partner Clinics Comprehensive HR and administrative support for acquired clinics, including employee onboarding, compliance, payroll, benefits, and workplace policies.
• Accounting & Reporting for Partner Clinics Centralized financial operations support for acquired clinics covering payroll, taxes, benefits, bookkeeping, financial reporting, insurance, legal issues, and property management.
• Membership Programs at Partner Clinics Recurring-revenue membership programs implemented at acquired medspas that drive client loyalty and predictable monthly or annual income through automatic billing with discounted rates and exclusive offerings for members.
• Mirabile Beauty, Health & Wellness Overland Park, Kansas medical spa founded in 1999 by Dr. James Mirabile, offering comprehensive aesthetic medical services; operates as a wholly-owned subsidiary retaining its local brand.
• Ridha Plastic Surgery & Medspa Saratoga Springs, NY practice founded by double board-certified plastic surgeon Dr. Jeffrey Ridha, offering comprehensive plastic surgery and medical spa services; wholly-owned subsidiary.
• Skinjectables Tucson, Arizona medical spa founded in 2014 by Kathleen O'Brien, PA-C, offering injectables, dermal fillers, and walk-in Botox services; wholly-owned subsidiary retaining local brand.
• Allura Skin, Laser & Wellness Clinics Two-location medical spa in Northern Denver, Colorado founded in 2008, recognized for injectable treatments and wellness services with physicians on-site daily; wholly-owned subsidiary.

Quantifiable outcome

• Triple revenue, locations, and earnings growth in first year under CEO Nick Williams
• +1 more outcomes

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Viper Partners / Viper Equity PartnersminorImplementation/ SI/ Consulting PartnerViper Equity Partners served as the representing broker for Advanced Life Clinic in its acquisition by Princeton Medspa Partners. Viper also represented Kovak Cosmetic Center in its transaction with Princeton. The firm facilitates acquisitions between PMP and selling medspa owners.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Sono Bello: Larger, established aesthetics brand offering body contouring and cosmetic procedures through a national network. Comparable to PMP as a multi-site aesthetic services platform, though more focused on surgical body contouring than non-invasive medspa services.
• Allergan Aesthetics (AbbVie): Owner of Botox, CoolSculpting, and other leading aesthetic product brands. Comparable as the dominant aesthetics product supplier whose products PMP's clinics depend on; one of PMP's acquired clinics (Skinjectables) is among Allergan's top U.S. accounts.
• Galderma: Global aesthetics and dermatology company behind Sculptra, Dysport, and Restylane. Comparable as a key aesthetics products supplier whose injectables portfolio is central to PMP clinics' revenue.

Direct peers

• Ideal Image: Largest U.S. medspa chain offering injectables, laser hair removal, and skin services through a national retail-style footprint. Directly comparable to PMP as a multi-site aesthetic services platform; PMP's COO Gary Bufalo previously held a senior role at Ideal Image.
• Skin Laundry: Venture-backed medspa chain offering facial laser and skin treatments in standardized urban and suburban clinics. Comparable to PMP as a multi-site, consumer-pay aesthetic services brand with membership-style programs.
• Beverly Hills Rejuvenation Center: Multi-location medical spa and wellness brand offering hormone therapy, injectables, and aesthetic services across several U.S. markets. Comparable to PMP as a multi-site physician-led aesthetic services platform.
• LaserAway: National medspa chain specializing in laser hair removal, injectables, and skin treatments across dozens of U.S. locations. Closely comparable to PMP's portfolio in service mix (laser + injectables) and consumer-facing clinic model.
• Restore Hyper Wellness: Multi-unit wellness services franchise offering IV therapy, cryotherapy, infrared saunas, and aesthetic add-ons in suburban retail locations. Comparable to PMP's suburban, consumer-pay, recurring-revenue wellness model.

Emerging players

• Ever/Body: Newer upscale medspa concept offering injectables, laser, and skin treatments in curated urban locations. Comparable to PMP's acquired brand profiles (premium positioning, physician-led aesthetic services, recurring client model).

Others

• Viper Equity Partners: M&A advisory and brokerage firm specializing in healthcare and medspa transactions, including representing sellers to platforms like PMP. Comparable as a key deal-flow enabler in the same medspa consolidation ecosystem PMP operates in.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PrincetonMedspaPartners

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Princeton Medspa Partners