Earthlite

Earthlite is the world’s preeminent provider of high-quality wellness equipment along with a suite of complementary products including consumable supplies and accessories for the spa and massage markets. Earthlite’s portfolio includes several revered wellness brands including Living Earth Crafts and Tara Spa Therapy.

Valesco completed a majority buyout of the previous ownership group, partnering with management to continue Earthlite’s legacy and capitalize on the company’s long-standing reputation, favorable industry tailwinds, and growth opportunities. Subordinated debt was also provided by Valesco, and a revolver was provided by a senior lender who is also an investor in Valesco Fund III. CIBC Capital Markets acted as exclusive financial advisor to Earthlite.

 

  1. “The Earthlite leadership team is very excited for Valasco’s investment in our Company.  Earthlite and its subsidiaries have bold growth aspirations, and we feel that the Valesco team is a perfect partner for this stage of our growth.”

    Jim Chenevey – CEO