US cosmetic-services firm plans for IPO

Bloomberg

Ideal Image, which provides services including laser hair removal, botox and skin lifts, is exploring a US initial public offering, according to people with knowledge of the matter.
The company, which is majority-owned by private equity firm L Catterton, is working with advisers ahead of a potential listing that could occur as soon as this year, the people said. A decision around the timing of the company’s public markets debut hasn’t been
finalised. L Catterton, TPG Growth and Ideal Image declined to comment.
Tampa, Florida-based Ideal Image, led by Chief Executive Officer David Prokupek, describes itself as North America’s top aesthetics brand. It offers virtual consultations and provides in-person treatments including some dedicated to anti-aging and body-sculpting. It operates in US states including California, New York and Arizona, as well as in Canada, its website shows.
In May, TPG Growth said it had acquired a significant minority stake.