Princeton Medspa Partners, one of the leading national medspa acquisition platforms in the US, closed $120 million of committed financing from BC Partners. WHO: PMP owns and operates 10 injectables-focused medspa clinics located in attractive suburban markets. Since 2022, the company has built a scaled platform leveraging its reputation as the "Partner of Choice" for provider-owned practices. PMP is led by its team of experienced operators, who have successfully built multiple consumer and healthcare services businesses—adding over 400+ units in less than 5 years, combined. PMP was founded by Jim Waskovich, who is also the co-founder and Managing Partner of Princeton Equity Group, a leading private equity firm with substantial experience in high-growth, multisite companies.BC Partners is a leading alternative assets investor with approximately $40 billion of assets under management. WHY: The strategic capital solution will facilitate expansion in the highly fragmented $30 billion US medical aesthetics sector. The company has significant runway to acquire market-leading suburban clinics and help providers better operate and grow their practices.IN THEIR OWN WORDS: "We are excited to partner with PMP and Princeton Equity Group, given their impressive track record growing the Company to where it is today. We believe the new capital will further elevate the business to achieve its strategic goals," said Ted Goldthorpe, Partner at BC Partners Credit. "BC has brought a unique offering through its ability to offer a turn-key capital solution that addressed our needs.