Sixth Street, Blackstone, and Ares have backed providers of treatments like laser hair removal.
Laser hair removal, body contouring, filler injections — it's not just TikTok and Instagram where people are talking about their latest treatments.
The space is another consumer-focused vertical, like dentistry and dermatology, that private equity firms, big and small, are aggressively pushing into.
Christian Karavolas, who owns laser hair removal specialist Romeo & Juliette in New York City, said he's turned away offers by private equity investors.
Laser hair removal, for instance, isn't considered a medical procedure in every state.
Persons:
Ares, It's, Levine, Leonard Green, Blackstone, Levine Leichtman, Christian Karavolas, Juliette, he's, Karavolas, Alex Thiersch, Thiersch, Chanel, Dior, David Yurman, Louis Vuitton, isn't, Sevana Petrosian, Eva Longoria Bastón, SEV, Andrew Schwartz, Schwartz, Heravi
Organizations:
Sixth, Blackstone, Levine Leichtman Capital Partners, Leonard Green & Partners, Boston Consulting, Industry, KKR, SkinSpirit, Walmart, ORIX Venture Finance, TPG, General Atlantic, Wax Center, Med Spa Association, Getty, Consumers
Locations:
Blackstone, Milan, LaserAway, California, New York City, H.I.G, Manhattan, Burbank , California