The medical spa Radiance Medical Aesthetics & Wellness, which specializes in advanced aesthetic treatments and personalized care, has partnered with Formula Wellness, a Dallas-based group, the group announced in a Sept. 16 news release. The Radiance Medical Aesthetics & Wellness location is now the first Formula Wellness Center outside of Dallas-Fort Worth.

How it started

Lauren Olson, who had a background in internal medicine, endocrinology, and family medicine, founded Radiance in 2005, according to a news release. The company offers services such as neuromodulators, dermal fillers, PDO thread lifts and regenerative skin treatments. The American Medical Spa Association recognized Olson as a Distinguished Woman of Excellence in Medical Aesthetics in 2023, according to a news release.

Quote of note

“As a medspa owner, I had been pursued by private equity groups for over two years,” Olson said in the news release. “When I learned that one does not have to exit after an acquisition, I decided to engage Practice Transitions Group and it was the best thing I ever did. Knowing that it was important to me to be an active participant in the development of a new, larger platform, they found the perfect match. We will be merging with a ‘best in class’ wellness practice with five locations, bringing our medical aesthetics and operational expertise.”