Since co-founding Hauser Private Equity roughly 13 years ago, Mark Hauser has led this private equity firm to a number of prestigious industry accolades for its ability to add value to early-stage companies while retaining the essential guiding vision of their originators. A great example of Hauser Private Equity’s transformative power is the minimally invasive body contouring provider AirSculpt Technologies.
Partnering with Vesey Street Capital Partners (VSCP), Hauser Private Equity acquired AirSculpt Technologies in 2019. Doing business under the name Elite Body Sculpture, this company was already uniquely positioned for success thanks to the “AirSculpt” procedure of its founder Aaron Rollins, MD. Responding to a need for a less invasive and painful form of the fat removal procedure, he developed the AirSculpt method to deliver outstanding body contouring results without making a single incision. By limiting trauma to the operation site, AirSculpt not only eliminates pain but limits long-term bruising and speeds the recovery process. To date, Elite Body Sculpture-affiliated medical professionals have performed this procedure more than 25,000 times.
Under the guidance of Hauser Private Equity and VSCP, AirSculpt recently completed an initial public offering (IPO) that promises to bring its revolutionary AirSculpt procedure to a dramatically wider patient base. In an IPO that officially closed on November 2, 2021, AirSculpt began trading an initial public offering of 7,000,000 shares in October. Available to the public at $11.00 per share, they consisted of 2,173,913 shares of common stock issued by AirSculpt Technologies and 4,826,087 shares of common stock sold by other select stockholders.
About AirSculpt Technologies, Inc.” — Operating under the brand name Elite Body Sculpture, AirSculpt Technologies has driven innovation in the field of minimally invasive body sculpting by offering effective fat removal and transfer procedures with best-in-class recovery times. From its headquarters in Miami, Florida, AirSculpt Technologies supports a network of seven Elite Body Sculpture facilities in the states of Georgia, Texas, California, New York, and Illinois. These facilities strive to provide nearly pain-free medical services in an extremely comfortable and relaxed clinical environment.
About Hauser Private Equity — Headquartered in Cincinnati, Ohio, the national private equity firm Hauser Private Equity maintains corporate offices in both Los Angeles, California, and Chicago, Illinois. This firm concentrates on private equity fund management and co-investment with a focus on founder-led, lower-middle, and middle-market startups. It leverages its considerable cross-industry expertise to identify viable investment targets, engender strategic growth in portfolio companies, and generate enhanced return-on-investment. Mark Hauser established Hauser Private Equity alongside co-managing partner Paul Swanson in 2008.
About Vessy Street Capital Partners — A leading private equity firm in the differentiated healthcare services space, Vessy Street Capital Partners (VSCP) concentrates on middle market buyouts that promote optimum efficiency, increased productivity, decreased cost, and overall company growth. It supports dual objectives of generating high financial returns while boosting overall value for medical facilities, physicians, and health insurers alike. Since its establishment in 2014, VSCP has invested more than $600 million in capital across a range of business platforms, typically as a control investor.