HIG European Capital Partners (HIG) has acquired Centros Único, a European provider of permanent hair removal and medical aesthetic services.
Founded in Spain, Centros Único offers diode laser technology, the most effective and lasting existing technology. Additionally, Centros Unico is a pioneer in providing medical aesthetic services, offering a wide range of non-invasive beauty treatments at very competitive prices. Centros Unico has provided its treatments to more than 300.000 customers and has a presence in Spain, Portugal, the United Kingdom, Italy, Germany, Switzerland and Mexico with 156 centers, most of them located in the Iberian Peninsula.
Centros Único was founded in 2011 by Azucena Rubio and Jorge Cabrero, who will remain as equity partners and will still be actively involved in the company´s day to day management. This association will allow Centros Unico to benefit from the operational, financial and strategic know-how of HIG throughout its international expansion process and the development of the aesthetic medicine strategy.
HIG has prior experience in the aesthetic sector, having completed a highly successful investment in Ideal Image, a leading laser center chain in the US. Additionally, HIG has a wide network of offices, including countries where Centros Unico has a presence, and hence will be able to locally support its expansion plans.
Jorge Cabrero, founder of Centros Único, says: “This investment strengthens our market leading position. We are delighted with the opportunity of working with HIG, a partner with deep knowledge of the industry from a global perspective, that will enable us to deliver our strategy,” and Azucena Rubio, also founder of Centros Único, added: ”We value HIG’s investment, as it will enable us to consolidate our leadership, creating significant value to our franchisees and customers.”
Jaime Bergel (pictured), Managing Director of HIG Europe, who also heads HIG Europe’s Spanish activities, says: “Centros Único is a pioneer in the hair removal and non-invasive aesthetic medicine sectors, offering an unbeatable quality service at a very competitive price. We are thrilled to become part of the Centros Único team and be able to bring our resources to support and strengthen its expansion plans.”
