Tucker’s Farm Corporation Announces Series A for its Medical Aesthetics Holding Company at Over $100 Million Valuation

HAMILTON, Bermuda & NEW YORK--(BUSINESS WIRE)--Tucker’s Farm Corporation (“Tucker’s Farm” or the “Farm”), a value-oriented investment holding vehicle modeled after Berkshire Hathaway, today announced the close of its Series A for its medical aesthetics platform with a leading growth equity investor.

In May 2022, Tucker’s Farm Corporation incubated a medical aesthetics holding vehicle with approximately $30 million of equity capital. In two years, the vehicle has grown to approximately $40 million of revenue across 10 of the nation’s leading medical aesthetics brands. The Series A funds will be used to grow the portfolio, bolster the company’s talent pool, expand training and education, and develop additional clinics. Regarding the growth equity partnership, Jack Harvey, a member of the private equity team at Tucker’s Farm Corporation, remarked:

"Our team first came across aesthetics a few years ago and loved the setup. The category had many parallels to animal health: cash pay, retail-healthcare-ish, underpinned by a freight train of secular demand. And everyone, or almost everyone, won in pet. So we made a few bets, including our aesthetics permanent capital vehicle, and, separately, VIO Med Spa, the leading franchisor in the space. Today is a big win for the team leading the permanent capital vehicle.”

The medical aesthetics industry has grown significantly in recent years, driven by increasing consumer acceptance of non-invasive aesthetic procedures, technological advancements, and a growing emphasis on personal appearance and wellness. Offering a wide range of services, such as Botox, laser hair removal, chemical peels, and dermal fillers, medical aesthetics clinics cater to clients seeking cosmetic enhancements without the downtime associated with surgery. The industry thrives on personalized care, combining luxury and clinical expertise to deliver results-focused treatments in a relaxing, spa-like environment.

Piper Sandler served as financial advisor and Dykema acted as legal counsel to Tucker’s Farm Corporation.

About Tucker's Farm Corporation

Tucker’s Farm Corporation is a value-oriented holding vehicle modelled after Berkshire Hathaway. Founded in 1994 as a small goat dairy, the Farm has grown into a family of companies across industries and geographies. Capitalized with a long-term equity base, the Farm seeks to find and compound cash flows through highly active M&A strategies. For more information, please visit www.tuckersfarm.com.