CLASSYS Inc.
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CLASSYS Inc. - overview
Established
2007
Location
Seoul, -, South Korea
Primary Industry
Consumer Products
About
Based in Seoul, South Korea, and founded in 2007, CLASSYS Inc. operates as a beauty, skincare, and medical devices development company that provides products that follow beauty trends and various consumables necessary for the procedure. In January 2022, Bain Capital agreed to invest KRW 669. 92 billion in CLASSYS Inc.
through a PIPE deal. The deal was completed in April 2022. As of September 2023, Baek Seung-han is the Chief Executive Officer (CEO) of the company. Classys is a South Korean medical aesthetics company that develops and sells hospital medical devices and skin care devices.
The company's products are used for a different aesthetic procedures, including skin tightening, wrinkle reduction, and fat reduction. The company's products include the Morpheus8, a radiofrequency device that is used for skin tightening and wrinkle reduction; the Ultraformer III, a high-intensity focused ultrasound device that is used for skin tightening and wrinkle reduction; and the Smart Lipo, a laser-assisted liposuction device. The April 2022 acquisition aims to support the company to expand its business overseas.
Current Investors
Bain Capital
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene, Medical Supplies
Website
www.classys.co.kr
Verticals
E-commerce, Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
CLASSYS Inc. - timeline of key events
CLASSYS Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | JL Health Participacoes S.A. | - | ||||||||
| Add-on, Public to Private | Completed | Ilooda Co., Ltd. | - | ||||||||
| Add-on, PIPE | Completed | Ilooda Co., Ltd. | - | ||||||||
| PIPE | Completed | CLASSYS Inc. | - | ||||||||
| IPO | Completed | CLASSYS Inc. | - |
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CLASSYS Inc. - employee data
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