Candela Corporation
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Candela Corporation - overview
Established
1970
Location
Marlborough, MA, US
Primary Industry
Medical Devices & Equipment
About
Founded in 1970 and based in Massachusetts, US, Candela Corporation is a medical device company that manufactures and develops equipment for the aesthetic medical industry. The firm sells and markets its products both through a direct sales effort as well as through distributors resellers in numerous countries. James Baas is the president of the company. In July 2017, Apax Partners acquired Candela Corporation for approximately USD 400 million and in October 2021, the firm filed to raise USD 250 million in an IPO of its common stock.
Candela employs 860 employees as of 2021. The company provides products that include frax pro, nordlys, gentle pro series, picoway, profound, sirius, and more. The firm's technologies enable physicians to provide energy-based solutions such as vascular lesions, facial treatments, laser hair removal, tattoo removal, body shaping, scars and striae, and women's health. Candela offers flexible programs to ensure optimal performance from dedicated technical Support resources and field service engineers to robust warranty and maintenance programs.
The organization generated revenue of USD 389. 7 million and USD 321. 6 million in 2019 and 2020 respectively.
Current Investors
Apax Partners
Primary Industry
Medical Devices & Equipment
Sub Industries
Aesthetic Medicine, Medical Devices & Equipment
Website
www.candelamedical.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Candela Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private | Completed | Candela Corporation | - |
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