Level 5 Capital Partners Invests $8M in Restore Hyper Wellness + Cryotherapy

Krystal Growth Partners Invests in Circle Wellness to Fund Vancouver Flagship

June 29, 2023

Restaurants & Hospitality

Krystal Growth Partners has made a growth investment in Circle Wellness to provide capital for construction and the launch of Circle Wellness’ flagship private thermal spa on Granville Island in Vancouver. The funding will support buildout and opening of six private Circuits at the new location; CDC Construction helped convert shipping containers into the facility’s spa spaces.

Trive Capital Invests in Formula Wellness

March 18, 2024

Healthcare Services

Dallas-based private equity firm Trive Capital has made a growth investment in Formula Wellness, a medical-based wellness and med-spa operator focused on longevity, hormone balance, nutrition and aesthetics. The investment brings on a PE-backed management team to accelerate Formula Wellness's de novo expansion and add-on acquisition strategy across the DFW metroplex and beyond.

McCarthy Capital and CIBC Innovation Banking Invest US$66M in WellnessLiving

August 16, 2022

Cloud & SaaS

WellnessLiving raised a total of US$66 million in August 2022, consisting of a $46 million minority investment led by McCarthy Capital and $20 million in growth financing from CIBC Innovation Banking. The financing will fund international expansion, product development (including franchise/multi-location features) and pursue accretive acquisitions; other participants included INcapital Ventures and Halpern & Co.

MECOTEC Acquires Zimno Tech, Restore Hyper Wellness' Polish Manufacturing Unit

September 23, 2024

Medical Devices

German cryo-technology maker MECOTEC has acquired Restore Hyper Wellness’ cryo-chamber manufacturing company in Poland (Zimno Tech) as part of a strategic partnership with Restore. MECOTEC will manufacture Restore’s exclusive 1Cool/2Cool/4Cool chamber designs and supply Restore’s 225+ U.S. franchise locations while expanding its global footprint and manufacturing capacity.

Cressey & Company Leads Growth Investment in Heartbeat Health

July 9, 2024

Healthcare Services

Cressey & Company has closed a significant growth investment in Heartbeat Health, with existing investors including .406 Ventures, Echo Ventures, Kindred Ventures and Optum Ventures participating. The capital will help Heartbeat expand its virtual-first cardiovascular care services, enhance clinical capabilities, and increase access to patients across the United States.

Five Elms Capital Leads $27M Growth Investment in Practice Better

April 27, 2023

Cloud & SaaS

Practice Better, a Toronto-based practice management SaaS for health and wellness professionals, raised a $27 million growth investment led by Five Elms Capital to accelerate product development, integrations, strategic partnerships, and expansion of its go-to-market and technical teams. The company previously raised $1 million from Disruption Ventures in 2021 and will use the funding to scale capabilities and better support its global customer base.