M&A Deal Summary

Surge Private Equity Acquires Toska and Facial Bar

On July 24, 2023, private equity firm Surge Private Equity acquired consumer services company Toska and Facial Bar

Acquisition Highlights
  • This is Surge Private Equity’s 2nd transaction in the Consumer Services sector.
  • This is Surge Private Equity’s 13th transaction in the United States.
  • This is Surge Private Equity’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2023-07-24
Target Toska and Facial Bar
Sector Consumer Services
Buyer(s) Surge Private Equity
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Viking Mergers & Acquisitions (Financial)

Target

Toska and Facial Bar

Charlotte, North Carolina, United States
Toska Spa and Facial Bar is a provider of facial skincare treatment to new markets across the United States. Toska Spa and Facial Bar is based in Charlotte, North Carolina.

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Buyer(S) 1

DESCRIPTION

Surge Private Equity is a small private equity group focused on smaller, recurring-revenue oriented businesses valued between $5 and $75 million. Surge primarily targets profitable companies where the seller is looking to remain onboard. Areas of interest include business services, healthcare, online businesses, and specialty goods. Surge Private Equity was established in 2017 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 13 of 15
Sector (Consumer Services) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 6 of 7
State (North Carolina) 1 of 1
Country (United States) 13 of 15
Year (2023) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-30 Avalon Document Services

Syracuse, New York, United States

Avalon Document Services is a provider of document services to law firms, architects, engineers, and the general business community. Avalon Document Services was founded in 2000 and is based in Syracuse, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-08 ECN

Las Vegas, Nevada, United States

ECN utilizes advanced industry knowledge, practices, and technology to move clinical trials efficiently from mandate to completion across a broad spectrum of therapeutic areas for pharmaceutical companies and contract research organizations. ECN is based in Las Vegas, Nevada.

Buy -