By Colton Eva
A private equity fund management and investment firm with headquarters in Cincinnati, Ohio, Hauser Private Equity supports a diverse portfolio of middle-market and lower-middle market companies with a specific focus on founder-led enterprises. Under the steady leadership of its managing partner Mark Hauser, the firm has demonstrated a clear ability to identify promising investment targets, drive growth in portfolio companies, and dramatically boost overall return on investment.
Along with its co-investing partner Vesey Street Capital Partners (VSCP), Hauser Private Equity acquired AirSculpt Technologies, Inc. in 2019, setting this medical body sculpting company on the path to an IPO that closed in October of 2021. VSCP brought a wealth of expertise in the healthcare services sector to the AirSculpt Technologies partnership.
Primarily concentrating on middle-market buyouts and businesses with strong cash flow characteristics, VSCP has a long record of creating value for hospitals, healthcare insurers, and physicians through increased efficiency, expanded productivity, decreased costs, and emergent revenues. Since its establishment in 2014, this firm has deployed more than $600 million in capital across a range of business platforms.
Operating under the brand name Elite Body Sculpture, AirSculpt Technologies provides a range of minimally invasive fat removal and fat transfer services using its own proprietary AirSculpt procedure. Developed by Beverly Hills cosmetic specialist and Elite Body Sculpture founder Aaron Rollins, MD, AirSculpt was designed to address natural and widespread patient fear by reducing the pain associated with body sculpting and performing the treatment in a relaxed and comfortable environment. Medical professionals have performed more than 25,000 successful AirSculpt procedures to date.
On the strength of their patented AirSculpt methodology, AirSculpt Technologies announced an initial public price of $11 per share, offering 2,173,913 shares of common stock from the company itself and 4,826,087 shares of common stock for sale by select partnering stockholders. AirSculpt Technologies’ total initial public offering of 7,000,000 began trading on The Nasdaq Stock Market under the symbol “AIRS” in October of 2021, and the IPO officially closed on November 2.
The second IPO for Hauser Private Equity in 2021, the AirSculpt Technologies IPO is consistent with Hauser’s longstanding business model of adding value through strategic investment funding and key operational advisement. Mark Hauser has kept Hauser Private Equity within the vanguard of impact investing and industry innovation since co-founding the firm with Paul Swanson in 2008.
By partnering with promising companies such as AirSculpt Technologies at the early stages of their development, Mark Hauser and Hauser Private Equity are able to take them to the next level in terms of market outreach and profit potential. Headquartered in Cincinnati, Ohio, Hauser Private Equity also maintains branch offices in Los Angeles, California, and Chicago, Illinois.
