Princeton Medspa Partners has closed on the acquisition of Kovak Cosmetic Center, founded by Dr. Stanley Kovak, who will spearhead the creation of PMP’s Medical Advisory Board.
“Kovak Cosmetic Center is the exact kind of established, blue-chip medical spa we want to build our company around,” states Nick Williams, Princeton Medspa Partners CEO.
CHICAGO (PRWEB)
May 11, 2023
Princeton Medspa Partners has closed on the acquisition of Kovak Cosmetic Center, a Chicago suburbs-based medical spa. Kovak Cosmetic Center was founded in 1995 by international speaker and cosmetic medical textbook author Dr. Stanley Kovak. Both the practice and Dr. Kovak have earned numerous awards and distinctions and have been featured on the Oprah Winfrey Show.
“There were a lot of companies interested in my practice, but in the end, Princeton Medspa Partners was the only one that made sense. They are partnering with best-in-class medical spas and have made a real commitment to focusing on a patient care-centric model,” says Dr. Stanley Kovak.
Dr. Kovak will remain the lead physician at KCC, continuing his more than 20-year run as one of Chicago’s top aesthetic medical providers. Dr. Kovak will also spearhead the creation of PMP’s Medical Advisory Board, a physician governed body that will present medical leadership support to the PMP portfolio of clinics, as well as provide service line coaching and training.
“Kovak Cosmetic Center is the exact kind of established, blue-chip medical spa we want to build our company around. The value that KCC brings to PMP is immense, but the thought leadership that Dr. Kovak will personally bring to this company is even more intriguing. I am very excited to see him get the Medical Advisory Board established, as I strongly believe that the increased focus we are placing on physician input and thought leadership in the company will truly set us apart in the market,” states Nick Williams, Princeton Medspa Partners CEO.
“I have known Dr. Kovak for a very long time, and I have even shared the podium with him on more than one occasion. This partnership is an incredible addition to the PMP brand, and is going to further supercharge our growth, both in clinical performance as well as attracting new partnership opportunities to the business,” says PMP President Francis Acunzo.
About Princeton Medspa Partners
Princeton Medspa Partners is a national aggregator of medspas and aesthetic medical practices. The company focuses its efforts on acquiring and managing provider owned and driven businesses, as well as franchise developments. The company currently owns/manages eight corporate locations, with a significant number of new acquisition opportunities signed. Inquiries regarding the company can be directed toward Princeton Medspa Partners CEO Nick Williams at nwilliams@princetonmedspapartners.com. Inquiries to the investor board can be directed to Phil Piro at ppiro@princetonequity.com.
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