Ideal Image agreed to be purchased by Steiner Leisure (NASDAQ:STNR) for $175 million dollars this week. With 71 centers in 22 states, Ideal Image is the nation’s largest dedicated laser hair removal provider. Ideal Image has focused on delivering the highest quality laser hair removal services, providing a unique combination of a quality medical experience and an upscale retail setting.
Fountain Partners is delighted for founders Joe Acebal, Rick Mikles and Craig Burson and the extended H.I.G. Growth Partners team that backed Joe and Rick along the way. Fountain is proud to have been a small part of Ideal Image’s success having financed the capital equipment and furnishings for numerous laser hair removal locations.
Tags: clients, HIG, ideal image, portfolio
