Highmount Madison Invests in 4Ever Young Anti-Aging Franchise


Boxwood Partners Facilitates Deal, Continues Strong Presence in Health-and-Wellness Sector

Highmount Madison, a firm that invests and partners with founder- and family-owned businesses, has invested in the 4Ever Young Anti-Aging Solutions franchise. Boxwood Partners, a middle-market investment bank, acted as sell-side adviser to 4Ever Young on the deal. 

Boxwood recently has been very active within the health-and-wellness sector, including advising Stretch Zone, which received an investment from Princeton Equity Group, and Harvest Partners, which acquired Hand & Stone Massage and Facial Spa. The 4Ever Young brand taps a rich economic segment: The global health-and-wellness market was valued at $5.24 trillion in 2022 and is expected to exceed $8.9 trillion by 2032, according to Precedenceresearch.com.

4Ever Young Franchise Back Story

4Ever Young, launched by Carlton Washington and Deniz Duygulu in 2014, was an early provider of hormone replacement therapy and anti-aging treatments – what it calls “feel your best” preventive services – in Boca Raton, Fla. It also offers what it terms “look your best” aesthetic services. 

Following the rapid growth of 4Ever Young’s corporate locations, the founders began franchising in 2019 as a way to expand their brand around the United States. Both of the founders will remain with the franchise, serving as 4Ever Young executives and shareholders going forward. 

4Ever Young Founders’ Reaction

In a news release, 4Ever Young co-founder Duygulu complimented Boxwood for “representing our business exceptionally well in finding the best strategic partner. … Their experience and knowledge of both the health-and-wellness and franchising sectors helped us identify the ideal partner for our business. Highmount Madison’s resources and expertise will enable us to further focus on helping our franchisees succeed while expanding our presence to be able to bring our service offerings to more patients.”  

The news release quoted Washington as saying, “Their [Highmount Madison’s] long-term hold strategy, operational approach, and focus on franchisee profitability was very attractive to our team and the best decision for our franchisees. I am confident that our business is in good hands, serving the best interests of our patients and franchisees who share our mission, values, culture, and aspirations of becoming a prominent name in the aesthetic and wellness industry.”

Now and Upcoming for 4Ever Young

Patrick Galleher, managing partner of Boxwood Partners, said 4Ever Young is an attractive investment because it benefits from increased consumer awareness of the brand’s wellness and aesthetics services. Madison Day, vice president of Boxwood Partners, noted that “4Ever Young has emerged as a leading franchised brand within rapidly growing the aesthetics and wellness sector with over 100 locations sold. We’re excited to see the next level of success for the brand as they partner with Highmount Madison.” 

Highmount Madison co-founder James Kapnick credited 4Ever Young with developing “an incredible brand and business model within the growing anti-aging and vitality sector.” Dan Amin, Highmount Madison’s other co-founder, said his team is excited “to continue driving [4Ever Young] franchisee success and building a best-in-class patient experience.” 

About the Investment Pros

Boxwood Partners LLC is a boutique investment bank based in Jupiter, Fla., with offices in Richmond, Va. It has expertise in global capital and buyer communities. Highmount Madison is an entrepreneurial investment firm whose capital boosts the growth of founder- and family-owned companies. 

The transaction was led by Galleher, Day and analyst Justin Jasper. The terms of the deal were not disclosed. 

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Mary Vinnedge is an award-winning writer who has served as editor in chief, managing editor and senior editor at national and regional publications, including SUCCESS and Design NJ magazines. A seasoned journalist, Mary covers the latest franchising news in her role as staff writer for FranchiseWire.
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