NEW YORK - Reed Smith advised Venus Concept Ltd. on its November 7th merger with Restoration Robotics, Inc. (NASDAQ: HAIR) in a transaction at the intersection of private equity and public capital markets in the life sciences vertical. Following the completion of the merger, Venus Concept closed a $28 million equity financing led by EW Healthcare Partners, HealthQuest Capital, SEDCO Capital and others.
Businesswoman addressing team meeting, elevated view

Following the merger, Restoration Robotics changed its name to Venus Concept Inc. and continued to trade on NASDAQ under the ticker symbol “VERO”.

Venus Concept is an innovative global medical aesthetic technology leader with a broad product portfolio of minimally invasive and non-invasive medical aesthetic technologies, and reach in over 60 countries and 29 direct markets. Venus Concept has been backed by leading healthcare industry growth equity investors, including EW Healthcare Partners, HealthQuest Capital, Longitude Capital Management and Aperture Venture Partners.

Private Equity Global Chair Mark Pedretti led the Reed Smith team and all negotiations, with mergers & acquisitions advice led by partner Julia Boyd, capital markets advice led by partners Aron Izower, Danielle Carbone and Tadashi Okamoto and debt financing advice led by partner Ben Brimeyer.