Total Face IPO, page-2

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06/10/15

10:04

Post #: 16120220
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Originally posted by stardestr0yer ↑

Listed in the AFR this weekend - Cannot find a prospectus at this stage but very interested (due to the industry and its growth).

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It's time for small-cap investors to get their heads around botox, skin peels and fat reduction procedures.
Total Face Group is having a run at the ASX boards, after Melbourne-based businessman Paul Fielding spent the past 18 months rolling up doctor-owned medical aesthetics clinics in Melbourne and Sydney.
Now TFG is preparing a prospectus and is expected to raise around $10 million, with the funds to be used to buy more clinics across the Eastern Seaboard.
ASX-listed private equity group CVC Limited is understood to have participated in a recent pre-IPO fund raising round.

TFG has seven clinics across the two cities, including Sydney's biggest cosmetic clinic, Heber Davis.
Medical aesthetics clinics undertake doctor-supervised skin and cosmetic procedures that don't involve invasive surgery.
It's the fastest growing part of the $1 billion a year Australian cosmetic procedure market, according to IBISWorld.
One of TFG's more interesting procedures is called CoolSculpting, which involves freezing and eliminating fat cells from the body.

The pitch to investors will revolve around the highly fragmented nature of the aesthetics industry and opportunities for consolidation, as well as the growing demand for these sorts of treatments as Australia's population ages.
Fielding chairs the company, while chief executive Jo Hannah also sits on the board. John Conidi - who founded ASX-listed Capital Health, chaired by former AFL chairman Andrew Demetriou – is a TFG director.

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I got more news on this. Apparently raised already $3 to $4 mil in Pre IPO at a very small discount to the IPO. I was told that they will raise $5 to $6 Mil in the IPO. could be at 40C is the word. some big funds and HNV clients in this I was informed. It has the potential if you hold for few months but may have only a slight stag if any.
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