Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, partnered with SEV, a manager and operator of med spas that provide laser hair removal, injectables, body contouring, and other medical aesthetic services. Terms of the investment were not disclosed.
SEV will continue to be led by founder and CEO Sevana Petrosian and the existing management and clinical teams. Founded in 2010 and headquartered in Burbank, CA SEV manages or operates 27 offices across seven states with plans to continue expansion. Read more.