Peloton Capital Management-backed Victoria Park Medispa has acquired PHI Medical Aesthetics, a provider of advanced non-surgical aesthetic services. The deal marks Victoria Park's strategic expansion into Alberta, adding to its network of physician-led medical aesthetics clinics across Canada. This move consolidates the company's footprint in the competitive Canadian aesthetics market.

Victoria Park, a portfolio company of Peloton Capital Management, received an investment from the private equity firm in 2022. This acquisition follows a broader industry trend where private equity firms are increasingly investing in the fragmented medical aesthetics sector, seeking to build scale through roll-up strategies. The deal provides PHI with access to greater resources and operational support.

The transaction underscores the ongoing consolidation within the Canadian healthcare services landscape. For investors, it signals continued appetite for aesthetic medicine platforms that can achieve regional density and operational efficiencies. The integration of PHI's operations into Victoria Park's existing clinic network will be a key focus post-acquisition, potentially setting the stage for further expansion.