Princeton focuses on partnering with highly successful and long-tenured medical spas precisely like Genesis.
COLORADO SPRINGS, Colo. (PRWEB)
June 13, 2023
Princeton Medspa Partners has completed its partnership with Genesis Medspa, a Colorado Springs-based aesthetic medical practice. The business was founded in 2007 by industry expert Dr. Lisa Jenks, M.D. Dr. Jenks has long been an influencer in the medical spa industry and was named to the advisory board of Skin Inc. in 2018. She also operates DermAesthetic Consulting, a successful consulting business that helps educate and train physicians interested in entering the medical aesthetics industry.
Genesis marks the fifth physician-owned medical spa acquired by Princeton Medspa Partners, and its seventh total acquisition. Princeton focuses on partnering with highly successful and long-tenured medical spas precisely like Genesis. Upon closing the deal, PMP CEO Nick Williams stated, “Genesis is far and away the highest-rated medical spa in Colorado Springs, and one of the best aesthetic medical practices in the state. The addition of this partnership to our company is another major feather in our hat.”
“I am very excited to transition my legacy to people that I can trust. The Genesis name means a lot to me, and I wanted to make sure that I partnered with a group that would continue its excellent reputation. I believe I have done just that,” said Dr. Jenks after the closing. “After meeting the Genesis team and seeing the passion and commitment each member has to a best-in-class client experience, I am confident that they are a perfect fit for the growing PMP family,” added Gary Bufalo, Jr., PMP Senior Vice President of Operations.
Princeton Medspa Partners has grown dramatically since Williams joined the organization in September of 2022, with him leading the company to more than double in size in both locations and revenue in his first nine months as CEO. “I am extremely proud of the growth of the company, but I am far prouder of the incredible quality of practices that we are attracting. Genesis is a great example of the high-quality assets that make up this organization, and why we are extremely excited about its future.” The company has significant experience in medspa operations and boasts winner of the Aesthetic Guide’s 2022 Lifetime Achievement Award, Francis Acunzo, as its President.
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 10 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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