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Crown Laboratories, Inc. acquires select assets from Healeon LLC, a subsidiary of Bimini Health Tech, to enhance PRP solutions portfolio

Jul 23, 2024•about 1 year ago

Acquiring Company

Crown Laboratories

Acquired Company

Bimini Health Tech

DallasPlanoManufacturingBiotechnologyHealth Care

Description

Crown Aesthetics ("Crown"), a Crown Laboratories, Inc. company and global innovative leader in the skincare industry, is thrilled to announce the strategic acquisition of assets and technology from Healeon LLC, a subsidiary of Bimini Health Tech ("Bimini") in the aesthetics PRP space.

Company Information

Company

Crown Laboratories

Location

Dallas, Texas, United States

About

Crown, a privately held, fully integrated global skincare company, is committed to developing and providing a diverse portfolio of aesthetic, premium beauty, and therapeutic skincare products that improve the quality of life for its customers. An innovative company focused on skin science for life, Crown's unyielding pursuit of delivering therapeutic excellence and enhanced patient outcomes is why it has become a leader in Dermatology and Aesthetics. Crown has been listed on the Inc. 5000 Fastest Growing Privately Held Companies List for eight years and has expanded its distribution to over 38 countries. For more information, visit www.crownlaboratories.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
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Success factor
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