M&A Deal Summary

Cynosure Acquires MyEllevate

On April 30, 2021, Cynosure acquired consumer services company MyEllevate

Acquisition Highlights
  • This is Cynosure’s 1st transaction in the Consumer Services sector.
  • This is Cynosure’s 5th transaction in the United States.
  • This is Cynosure’s 1st transaction in California.

M&A Deal Summary

Date 2021-04-30
Target MyEllevate
Sector Consumer Services
Buyer(s) Cynosure
Deal Type Add-on Acquisition

Target

MyEllevate

Newport Beach, California, United States
MyEllevate is a provider of invasive facial rejuvenation solutions. MyEllevate was founded in 2019 and is based in Newport Beach, California.

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Buyer(S) 1

Buyer

Cynosure

Westford, Massachusetts, United States

Category Company
Founded 1991
Sector Medical Products
Employees857
Revenue 433M USD (2016)
DESCRIPTION

Cynosure is a developer and marketer of aesthetic treatment systems that are used by physicians and other practitioners to perform non-invasive and minimally invasive procedures to remove hair, treat vascular and pigmented lesions, rejuvenate the skin, liquefy and remove unwanted fat through laser lipolysis and temporarily reduce the appearance of cellulite. Cynosure was founded in 1991 and is based in Westford, Massachusetts.


DEAL STATS #
Overall 7 of 7
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: California M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-08 Ellman International

Oceanside, New York, United States

Ellman International is a privately-held manufacturer of surgical devices used to perform medical, dental and veterinary procedures in the United States, Europe and Asia.

Buy $13M