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17 May

Prelude Growth Partners Takes Minority Investment in Skin Pharm

Investment in the wonder services space continues to heat up, with Skin Pharm, an aesthetic skincare practice that has its own product line, receiving a minority investment from Prelude Growth Partners. The $15 million investment from the female-founded growth equity firm will fund the corporate’s clinic expansion plans nationwide and contribute to ongoing product development, each parties said in an announcement. As a part of the deal, chief executive officer Maegan Griffin, a board-certified nurse practitioner with cosmetic surgery and dermatology experience who founded Skin Pharm in 2017, will proceed to guide the corporate. “Now's the right time to take this investment because we now have this amazing team, we built a trustworthy brand, and we now have a loyal community of consumers...
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