Practice Transitions Group recently announced the strategic partnership between Preva Aesthetics and Alpha Aesthetics Partners, with Lauren Wheeler serving as the lead sell-side advisor.
Michelle Paty founded Preva Aesthetics and built the practice from scratch – two locations in Denver, Colorado and Encinitas, California, both established within four years. Preva runs on a team-based clinical model centered on mentorship and business development, and Paty built it with strong independent production capacity across both sites.
PTG advised Paty through the transaction and helped structure an outcome that checked everything on her list. Alpha Aesthetics Partners, a Thurston Group portfolio company that has grown to 36 locations across 12 states since its 2023 founding and recently secured $93 million in financing from Manulife Investment Management, was the right partner for where Preva is headed. Preva retains its brand identity under the agreement, Paty received holding company-level equity participation, and the deal creates a clear path toward continued expansion.
“Michelle knows her worth, she’s decisive, and she knows where she wants to go,” said Lauren Wheeler, advisor at Practice Transitions Group. “We delivered on that, and the result speaks for itself.”
Paty described the experience: “Lauren was outstanding. Not only did she massively increase the value I was able to get for my company, but she made the entire process seamless. She was there every step of the way.”
Read the full announcement on PRWeb.
If you own a MedSpa and want to understand what your practice might be worth – or what a process like this actually looks like – start with our MedSpa practice valuation calculator or contact our team directly.
