Corporate finance specialists at Derby law firm Freeth Cartwright have advised on a deal whereby Energist Ltd, manufacturers of hair removal, vascular and skin rejuvenation equipment, has acquired the assets and undertaking of Plasmogen Inc, a US company based in New York. 

Using technology developed in the UK, Plasmogen's novel patented technology sold under the Portrait® brand name, uses nitrogen plasma for a variety of dermatological treatments. It means that Swansea-based Energist can enhance their portfolio of products which boasts a comprehensive range of pulsed light equipment sold under the VPL™ and iPulse™ brand names. Their MedArt laser range offers aesthetic and surgical solutions to medical professionals worldwide.

Energist's Chief Executive, Jonathan Prutton, said: "This was an important strategic acquisition for Energist and its  private equity owner, Excalibur. In the past, we have tended to use London-based lawyers; nevertheless we were delighted with the high quality and personal service we received from Mike Copestake, Paul Feenan and their team  at Freeth Cartwright and felt that they represented excellent value for money".

Mike Copestake, senior partner at Freeth Cartwright said: "This is our second deal for Energist and the latest in a string of healthcare deals carried out by our corporate finance team within the last year. Ably supported by attorneys Reinhart Boerner Van Deuren of Milwaukee USA, it was a privilege to represent Energist.