Venus Concept Announces the Completion of the Acquisition of NeoGraft

Posted By American Med Spa Association, Thursday, July 19, 2018

Venus Concept Ltd., a privately-held and innovative global aesthetic technology leader, is pleased to announce that it has completed its acquisition of NeoGraft Solutions' hair restoration business (NeoGraft).

"We are extremely pleased and excited to have completed this acquisition, as it represents a significant milestone in our company's seven-year history," said Domenic Serafino, Chairman and CEO of Venus Concept. "We believe that NeoGraft is a perfect fit for Venus Concept and will broaden our current customer base and product portfolio. NeoGraft Solutions Corporation is an industry leader in the area of hair restoration technologies and topical products. With this acquisition, Venus Concept will further extend its reach in the global aesthetic market by leveraging its unique subscription-based business model, the first and only in the industry, through 27 direct global offices and presence in 65 countries. This acquisition enables us to accelerate our growth plans for 2018 and beyond."
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