Functionalab Group Merges with FYi Medical Aesthetics; L Catterton and L'Oréal Back Transaction

January 4, 2023

FYihealth Group has completed a merger of its Medical Aesthetics division with Functionalab Group; the combined business will operate under the Functionalab Group name as the largest premium aesthetic medicine network in Canada across 68 clinics. The transaction is supported by investors and strategic partners L Catterton and L'Oréal, positioning the merged company for scale and expanded consumer-facing aesthetic services nationwide.

Buyers
Functionalab Group, FYihealth Group, L Catterton, L'Oréal
Targets
FYi Medical Aesthetics
Sellers
FYihealth Group
Location
Quebec, Canada
Transaction Type
Addon

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