M&A
confidence high
sentiment neutral
materiality 0.55
Beauty Health closes acquisition of Esthetic Medical Inc. for $11.8M cash plus stock
SkinHealth Systems Inc.
- Acquired all outstanding shares of EMI for $11.79M cash and 109,625 shares of Class A common stock.
- Seller eligible for up to $3.2M additional earnout: $1.9M in royalty payments and $1.3M upon FDA facial indication clearance.
- EE LLC transferred microneedling IP and inventory assets (SkinStylus, SteriLock) to EMI as part of the deal.
- Buyer entered into consulting agreements with Dr. Lawrence Groop and Kristin Groop for transition services.