Linden and DW Healthcare Partners Complete HydraFacial s Public Offering via SPAC Merger
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CHICAGO and PARK CITY, Utah, May 5, 2021 /PRNewswire/ Linden Capital Partners ( Linden ) and DW Healthcare Partners IV, LP ( DW Healthcare Partners ), both private equity firms focused exclusively on the healthcare sector, announced today the completion of the merger of Edge Systems, LLC ( HydraFacial ), a category-creating beauty health company, with Vesper Healthcare Acquisition Corp. (NASDAQ: VSPR) ( Vesper or Vesper Healthcare ). Vesper is a special purpose acquisition company ( SPAC ) led by former Allergan CEO Brent Saunders. As a result of the transaction, the combined company, now known as The Beauty Health Company ( BeautyHealth or the Company ), is expected to trade on the Nasdaq Stock Market under the ticker symbol SKIN beginning May 6, 2021. Linden will remain BeautyHealth s largest shareholder.
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