trending Market Intelligence /marketintelligence/en/news-insights/trending/Swam4HwpnK9CzGtwr7bmEA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Vesey Street closes Elite Body Sculpture recapitalization

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Vesey Street closes Elite Body Sculpture recapitalization

Funds managed by New York City-based private equity firm Vesey Street Capital Partners LLC, which targets middle-market buyouts in the healthcare services sector, recapitalized Elite Body Sculpture Inc.

The equity for the transaction, the terms of which were not disclosed, was contributed by Vesey Street and its affiliates. The transaction also included a rollover from Elite Body founder and CEO Aaron Rollins.

Elite Body is a physician services group that provides minimally invasive body sculpting procedures. It is behind the AirSculpt technology used for fat removal and transfer services.

THL Credit and Morgan Stanley Credit Partners provided debt financing for the transaction. Lowenstein Sandler was legal counsel to Vesey Street, while BMO was financial adviser to Elite Body.