Growth equity platform TPG Growth has announced the acquisition of a significant minority stake in Ideal Image, a medspa franchise with 150 locations throughout the U.S.
“We are proud to have the backing of industry leading growth investors,” said David Prokupek, CEO of Ideal Image. “We continue to enjoy the unwavering support of our partners at L Catterton and are excited to welcome TPG Growth’s deep capabilities and expertise in the consumer and healthcare sectors. We believe we are transforming the aesthetics and wellness category, and with the support of our existing and new investors, we are moving aggressively to make it more accessible than ever for consumers who want to look and feel their best.”
