Spa Chakra completes sale of assets to HTGC

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PRODUCT NEWS

Spa Chakra completes sale of assets to HTGC

06 Apr 2010 . BY Sarah Todd

Spa Chakra has sold substantially all of its assets to the speciality finance company Hercules Technology Growth Capital (HTGC) providing debt and equity growth capital to technology and life science companies.

In order to successfully complete the sale, Spa Chakra voluntarily filed for protection under Chapter 11 of the US Bankruptcy Code with the US Bankruptcy Court for New York, US.

Part of this filing meant Spa Chakra arranged for immediate financing from HTGC, which was used to fund the normal business operations during the sale process.

Hercules Technology has acquired the business through its newly formed entity, Spa Chakra Acquisition Corp. Details: htgc.com

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PRODUCT NEWS

Spa Chakra completes sale of assets to HTGC

06 Apr 2010 . BY Sarah Todd

In order to successfully complete the sale, Spa Chakra voluntarily filed for protection under Chapter 11 of the US Bankruptcy Code with the US Bankruptcy Court for New York, US.

Part of this filing meant Spa Chakra arranged for immediate financing from HTGC, which was used to fund the normal business operations during the sale process.

Hercules Technology has acquired the business through its newly formed entity, Spa Chakra Acquisition Corp. Details: htgc.com

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PRODUCT NEWS

HPO Tech introduces hyperbaric chamber, Oyster

HPO Tech has created a single-seat hyperbaric chamber, called Oyster, with an acrylic domed lid that opens upwards like a shell.

Manduka debuts premium P/ROX hybrid fitness mat

Manduka, a leading manufacturer of premium yoga mats has launched its P/ROX hybrid fitness mat, crafted for athletes and functional fitness practitioners who move between yoga and fitness training.

Rebalance Tech ramps up Impulse rollout

Consumer desire for overall wellbeing is driving demand for Impulse, a multisensory bed by Rebalance Tech, according to distributor Spa Vision.

Nilo Spa Design introduces Marea dry flotation bed

Nilo Spa Design has launched a dry flotation bed called Marea that uses 500 litres of water to support the body evenly in a zero-gravity-like experience.

Esse Skincare upgrades Probiotic Serum with fourth live probiotic species

Microbiome-focused Esse Skincare has upgraded its Probiotic Serum formula with a fourth live probiotic species.

Voya launches Resurge Hair and Scalp Elixir and spa treatments

Organic seaweed spa brand Voya has developed a lightweight scalp serum called Resurge Hair and Scalp Elixir.

Templespa releases brightening Glass Act eye serum

Templespa has developed a memory gel serum called Glass Act that is designed to cool, comfort and revive the delicate skin found around the eyes.

Sweet Bee Organics enters spa market at The Ned London with magnesium-infused treatment

Modern apothecary skincare brand Sweet Bee Organics has entered the spa market with its first treatment at the hotel and members’ club The Ned London, in the UK.

OSKIA unveils Midnight Eye Q cream for nocturnal repair

Nutri-cosmeceutical beauty brand OSKIA has unveiled an eye cream called Midnight Eye Q, which has been designed to regenerate the delicate skin in alignment with the body’s circadian rhythm.

Epicutis launches Hydrobiome Serum and professional-only Massage Oil

Biotechnology-driven skincare company, Epicutis, has launched two new products in its mission to deliver long-term skin health, barrier recovery and microbiome harmony.

Cellcosmet releases Hydra-Soothing Mask for sensitive and sensitised skin

Swiss skincare brand Cellcosmet has released its Hydra-Soothing Mask to meet what it sees as a rise in demand for sensitive and sensitised skin products following cosmetic treatments.

Aromatherapy Associates creates new Calm Confidence at-home ritual

Aromatherapy Associates has developed an aromatherapy ritual using its Calm Confidence blend, designed to ease inner tension and support emotional balance.

+ More products

COMPANY PROFILES

Klafs GmbH

Founded in 1928, Klafs is known as an award winning, world-leading trendsetter in wellness and spa. [more...]

+ More profiles

CATALOGUE GALLERY

RKF..

+ More catalogues