Steven Dyson, a partner at Apax and co-head of the fund’s healthcare division, said: “We have identified the medical aesthetics market as a highly attractive investment area given its long-term growth prospects.”. Like Candela, Solta … Despite that backing from Eckhouse, the Apax agreement includes a so-called “go-shop” period through May 9, during which Syneron Candela can actively solicit, evaluate and potentially enter into alternative proposals from third parties. Syneron Candela, the Nasdaq-listed vendor of laser-based medical and aesthetic devices, is set to be sold to private equity giant Apax Partners, in a cash deal valued at close to $400 million.. Candela Medical manufactures aesthetic devices for its clients. Doing business as Syneron Candela, the company makes and markets laser-based medical devices designed to rejuvenate human skin, reduce wrinkles, remove hair, and treat vascular and pigmented lesions as well as acne and cellulite. Compare pay for popular roles and read about the team’s work-life balance. Syneron Medical Ltd. has 817 employees and is ranked 3rd among it's top 10 competitors. Syneron Medical has directions to the fountain of youth. Decisions were made then changed. Candela's annual revenues are $100-$500 million (see exact revenue data) and has 100-500 employees. Reviews from Candela Medical employees about Candela Medical culture, salaries, benefits, work-life balance, management, job security, and more. The top 10 competitors average 906. ... No culture everyone is new. Candela's annual revenues are $100-$500 million, 339112 Surgical & Medical Instrument Manufacturing, 5417 Scientific Research & Development Services. Candela seeks a Marketing Manager, Recurring Revenue. PicoWay ® - Intentionally designed picosecond platform for acne scars, wrinkles, pigmentation and tattoo removal Profound ® - Temperature-controlled RF micro-needling to stimulate new elastin, collagen and hyaluronic acid in a single treatment CO 2 RE ® - CO2 laser solution for treatment of over 100+ … Solta Medical is one of Candela's top competitors. Syneron Medical Ltd.'s revenue is the ranked 4th among it's top 10 competitors. private equity company just working everyone to meet revenue numbers. In Syneron Candela’s most recent investor conference call, which took place in February, CEO Amit Meridor had refused to comment on press speculation about a potential sale of the business. U.S. Industry Overview & Market Statistics: CUNNINGHAM MACHANIC CETLIN JOHNSON HARNEY & TENNEY, EBIT (Earnings Before Interest and Taxes), Revenue from previous years (2010 to present), Funding from Venture Capital and Private Equity firms, Additional industries in which the company operates, What is the company's size? The top 10 competitors average 214.7M. Amit Meridor, Chief Executive Officer of Syneron Medical, said, "During the first quarter, our revenue declined due to lower product revenue in North America, primarily due to our sales force reorganization in North America, which has caused some short-term disruption in order to position the business for long-term growth. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. “We are looking forward to partnering with the Syneron Candela team to continue its strong growth trajectory, and to seeing the even greater benefits it can deliver for customers and patients,” he said. In connection with the combination of Syneron Medical Ltd. and Candela Corporation pursuant to an Agreement and Plan of Merger (the “Merger”), Syneron Medical Ltd. will file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form F-4, which will include a proxy statement of Candela … Figure Sales and Growth Rate Analysis of Syneron & Candela. Syneron Candela, the Nasdaq-listed vendor of laser-based medical and aesthetic devices, is set to be sold to private equity giant Apax Partners, in a cash deal valued at close to $400 million. Apax Partners offers 15% premium to Israeli company's shareholders but rival bids could be solicited. With a lot of new people joining the company there is a lot of positive energy throughout the organization. Growth prospects It is classified as operating in the Legal Services industry. He is the Chairman of the Candela Laser Corporation Medical … Syneron Candela has also signed up celebrity endorsement for its products, with controversial Olympic swimming champion Ryan Lochte apparently using its laser hair removal techniques to help “shave” his times in the pool. is the Director of Laser Surgery and Cosmetic Dermatology Centers and one of the world’s leading experts on laser medicine and surgery. As Director of Research at the practice, Dr. Wu supervises between 20-30 ongoing clinical trials at any given time, placing him at the forefront of discovery and innovation in cosmetic dermatology. Candela Medical’s revenue is $96 Million What is Candela Medical’s SIC code? ... Chief Operating Officer at Candela Medical San Francisco, CA. From the management team down there is a real effort to focus on providing quality products to meet customer's needs and make the company successful. Annual merit increases and bonus have been consistent the last two years Medical/Dental benefits are great. ... Glassdoor has 65 Syneron Candela reviews submitted anonymously by Syneron Candela employees. 36 open jobs for Applications analyst iii in Dedham. "This acquisition is a strong recognition of Syneron Candela's leadership in the aesthetic medical device market, its leading world-class technology and unique global footprint. Solta Medical is a Private company that was founded in 1995 in Pleasanton, California. Compare pay for popular roles and read about the team’s work-life balance. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. It also offers non-optical technologies including ultrasound equipment for claimed fat-reduction treatments. Candela sells to cosmetic and surgical markets through a direct sales force and distributors in the US and abroad. The company's technologies … Its patent portfolio consists of roughly 25 issued … Uncover why Candela Medical is the best company for you. Uncover why Candela Medical is the best company for you. See Candela's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. Read employee reviews and ratings on Glassdoor to decide if Syneron Candela is right for you. “These exceptional assets are a result of the many years of hard work of our skillful and dedicated employees all over the world.”, He added: “We are confident that Apax will add significant value and expertise as Syneron Candela executes on its growth strategy while delivering innovative technologies to our customers and patients. Old culture and new not meshed … Established in 1970, Candela is a leading US-based global medical aesthetic device company with headquarters in Wayland, Massachusetts. Candela is a leading global non-surgical aesthetic device company with a comprehensive product portfolio and a global distribution footprint. Revenue: Less than $1 million (USD) ... Glassdoor gives you an inside look at what it's like to work at Candela Medical, including salaries, reviews, office … ... holds an academic teaching position at the University of Calgary where he instructs the dermatology curriculum to the medical … Candela Medical has 364 employees across 23 locations. He uses a broad array of technologies to reduce red and brown skin lesions, wrinkles and unwanted hair, improve spider veins of the legs and improve the appearance of … Its product portfolio includes resurfacing systems, aesthetic workstations, picosecond and dye lasers … Candela combines the strengths of both the Syneron and Candela organizations under a powerful, single brand and realigns us … Search Applications analyst iii jobs in Dedham, MA with company ratings & salaries. (Annual sales and employees). Dyson reckons that Syneron Candela is well positioned to capture the opportunity, mentioning the firm’s “exceptional” R&D capabilities and cutting-edge technology. Pros. Saturday, November 23, 2019 Priddis, AB. Amit Meridor, Chief Executive Officer of Syneron Medical, said, "During the first quarter, our revenue declined due to lower product revenue in North America, primarily due to our sales force reorganization in North America, which has caused some short-term disruption in order to position the business for long-term growth. The Apax deal represents a 15 per cent premium on the firm’s average closing stock price over the first quarter of 2017, and comes shortly after Israel-based Syneron Candela said it broke even on full-year revenues of $298.1 million in 2016. Discover the dermatological applications of Candela's leading technology, by our industries leaders! But he did report that the company had just gained CE Mark approval for its combined laser and radio frequency product for hair removal, with other regulatory clearances for “body shaping” applications said to be in the pipeline. The $46 billion fund has agreed a transaction price of $11 per share for Syneron Candela, whose products include multi-wavelength … Irvine, CA and London, April 3, 2017 – Syneron Medical Ltd. (NASDAQ: ELOS), a leading global non-surgical aesthetic device company, and Apax Partners, a leading global private equity advisory firm, today announced a definitive agreement under which an affiliate of funds advised by Apax Partners will acquire all of the outstanding shares of Syneron Candela … This includes generating practice programs to increase the desire to offer treatment and patient preference for the Candela … who will be responsible for developing and executing programs and campaigns focused on Candela device usage and treatment utilization within physician practices. He specializes in laser surgery of the skin. Figure Revenue and Market Share Analysis of Syneron & Candela. “This acquisition is a strong recognition of Syneron Candela's leadership in the aesthetic medical device market, its leading world-class technology and unique global footprint,” Eckhouse said. However, Lochte was subsequently dropped by Syneron Candela – along with several other sponsors - in the aftermath of a mysterious incident that took place at a gas station during last year’s Rio de Janeiro Olympics. Candela Medical’s SIC: 38,384 What is Candela Medical’s NAICS code? Medical device maker Candela Corp. plans to move its Wayland headquarters and research and development operations to Marlborough next year. Eric Bernstein, M.D. The company is seeking a tax increment financing deal. See insights on Candela Medical including office locations, competitors, revenue, financials, executives … Dr. Bernstein has over 20 issued and pending patents for laser technology, both within the U.S. and worldwide. Find out what works well at Candela Medical from the people who know best. While the offer remains subject to approval by Syneron Candela shareholders, the firm’s board of directors has already approved the transaction unanimously – with chairman and co-founder Shimon Eckhouse, who still owns 7.4% of the company, agreeing to vote in favor of the deal. Syneron Candela is a leading global non-surgical, medical aesthetic device company with a comprehensive product portfolio & a global distribution footprint. Looking for ways to ELEVATE your revenue and patient outcomes? Consistently exceed revenue plan and top performer among peers throughout career Personally, I am tenacious, loyal, and fearless. Stacey Pollock | Irvine, California | Director of Consumer Marketing and Education at Candela Medical | 500+ connections | See Stacey's … He has authored numerous medical articles and textbook chapters, and lectures at major conferences across the globe. I also believe that this transaction represents a positive outcome for our shareholders.”. 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