In a combined stock and cash deal valued at $66.2 million, Thermage Inc. purchased California based Reliant Technologies.
Reliant has become very popular in the aesthetic surgery market for Fraxel, which we offer in our Burnsville medical spa along with all types of Thermage.
Thermage Inc., which is also out of California, bought the company for approximately 23 million in stock shares, $25 million cash and will assume $7 million of Reliant’s debt.¬† Shares of Reliant stock have dropped since the deal was made public in July.
Reliant Technologies has been highly profitable, largely due to the effectiveness of Fraxel laser technology.¬† Fraxel treatments resurface skin and stimulate collagen growth by penetrating the dermis with ‘fractional’ microscopic laser columns.¬† The body’s natural healing process then promotes skin rejuvenation and collagen building.
Thermage is known for marketing a unique, non-invasive cosmetic treatment that utilizes radiofrequency technology to heat and thus, tighten skin.  The treatment is also said to improve skin tone and texture.
