AcuMedSpa Holdings, Inc. Proudly Announces Another Pending Acquisition: LMG's Sohna Laser and Skincare Centers
April 07 2010 - 1:15PM
Marketwired
AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), a provider of Medical
Aesthetic, Spa and Acupuncture services, has agreed to acquire The
Luxure Medical Group's Sohna Laser and Skincare Centers of
Knoxville, Tennessee. We anticipate that complete finalization
details will be forthcoming next week.
LMG's Sohna Laser and Skincare Centers currently operates 2
locations in Knoxville and is in the process of opening a third
location.
After an extensive due diligence phase, AcuMedSpa firmly
believes it will be able to become a leading Medical Spa and
Esthetic services provider in the region using Sohna's multiple
locations as its initial hub of operations for further expansion
into the region.
Xavier Kahn, Medical Director and MD Partner of Sohna, stated,
"We are extremely excited to introduce and further cultivate the
strong brand that AcuMedSpa will bring to our current locations. We
believe integrating our medical expertise with AcuMedSpa's
ambitions to further develop and enhance the Medical Spa market in
the Knoxville area will directly lead to further expansion of the
AcuMedSpa brand into major markets across the United States in the
upcoming years."
Brian Sperber, President of AcuMedSpa, stated, "This
acquisition, our first venture outside of South Florida, allows us
to continue our expansion and vision for growing the AcuMedSpa
brand Nationally and eventually Internationally, over the course of
the next several years. With this acquisition we are a significant
step closer to attaining our recently stated goals of
$10,000,000.00 in revenue in 2010 with an EBITDA of over
$2,000,000.00."
For further info please visit our website
http://www.acumedspa.com/
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended and such forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause
future circumstances, events, or results to differ materially from
those projected in the forward-looking statements as a result of
various factors, and other risks. You should consider these factors
in evaluating the forward-looking statements included herein, and
not place undue reliance on such statements. The forward-looking
statements in this release are made as of the date hereof and
AcuMedSpa Holdings. Inc takes no obligation to update such
statements.
Contacts: Brian Sperber 1-877-8ACUMED