Temple Bright acts for The Consulting Room on the creation of HydraFacial UK
London and Bristol law firm Temple Bright has advised leading UK cosmetics website The Consulting Room on the sale of its UK HydraFacial distribution business to US-based manufacturer The HydraFacial Company.
As a result of the deal, the UK business has become a separate and directly owned operation known as HydraFacial UK. Its joining the HydraFacial Company is expected to increase HydraFacial’s international profile by adding a Northern European presence into a portfolio that already includes China, Japan, Spain and Canada in having local corporate offices and direct sales.
HydraFacial skin treatment has achieved sustained growth since its launch on to the cosmetic aesthetic market in 2005. To date, the HydraFacial Company now has 450 employees globally and works with over 50 distributors in 87 countries, serving 12,700+ customers worldwide and delivering over 2.5 million treatments every year.
The purpose of the creation of HydraFacial UK is to become an integral part of the US parent’s global operation. The entire HydraFacial team at The Consulting Room has transitioned to the new business to ensure continuity of service for HydraFacial customers.
Martyn Roe, Country Manager of the new UK business, said: “We have always taken pride in trying to offer the best possible customer support and service to our clients – and HydraFacial has long provided a natural synergy with that ethos. To now be a part of such an exciting, rapidly expanding company is a natural next step for us. We have always played a vital role in The HydraFacial Nation, and we are proud to be an integrated extension of the US-based brand.”
Clint Carnell, CEO at The HydraFacial Company, said: “We are excited that we will now have a direct connection with both customers and consumers in the UK, one of our largest markets outside of the US and Canada. We value the partnership that The Consulting Room has with their customers, and we will ensure that through this transition, we will continue to provide an excellent level of support to this market. Ron, Martyn and all those at The Consulting Room play a vital role in our success, and we look forward to expanding with them.”
Paul Stone, corporate partner at Temple Bright, said: “It was a pleasure to work on this deal with Ron Myers, Martyn and the team at The Consulting Room. This was a really collaborative process between friendly parties and it bodes well for a bright future for the new integrated business.”
Temple Bright was established in 2010 using a tech-enabled, streamlined business model and now has 68 partners with offices in London and Bristol. The firm has a focus on corporate finance work across a range of sectors.
This was posted in Bdaily's Members' News section by Temple Bright .
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