
PGP Advisory’s Business Beat – May 2025
Exclusive Business Opportunity: High-Growth Multi-site Med Spa for Sale
PGP Advisory is pleased to present an exciting new listing — a leading multi-site Med Spa franchise operating in the San Antonio Metro area, with over $3.1M in revenue and $890K in 2024 SDE. Total 2025 Q1 Revenue is up 13% year-over-year.
This established business offers:
- Two thriving locations with room to expand into a third territory
- Proven market demand and strong patient retention (1,500+ patients in 2024)
- High-margin services including injectables, hormone therapy, and IV vitamin therapy
- Extensive franchise support with training, marketing, and operational systems
- Fully trained team and favorable lease terms
With a strong foundation, loyal customer base, and scalable infrastructure, this med spa is primed for continued success — ideal for multi-unit operators or investors seeking a high-growth opportunity in the health and wellness space.
Location: San Antonio Metro (leased locations)
If you’re looking to expand your portfolio or step into a booming industry, contact us today to request the full Confidential Business Review (CBR).
Join PGP Advisory at ACG ASA’s 12th Annual Private Equity Two-Step Conference May 21 in San Antonio
PGP Advisory’s very own, Jason Brown, is proud to support and participate as a panel moderator (M&A in the Specialty Subcontractor space) in this year’s Private Equity Two-Step Conference in San Antonio, a premier event bringing together key players in the Central Texas lower-middle market ecosystem. This is a must-attend event for business owners, founders, and growth-minded executives who are exploring what’s next—whether you’re preparing for growth, evaluating exit opportunities, or simply looking to engage directly with active buyers and private equity firms.
The conference is a powerful platform to:
- Learn what your customers—and investors—are really looking for
- Network with buyers and dealmakers from across the lower-middle market
- Discover how PGP Advisory helps business owners like you navigate the private equity landscape
- Gain insights into how to position your business for future success or sale
If you’re based in Central Texas or the broader region and are curious about what private equity means for you or your business, this is your opportunity to make meaningful connections and gather actionable knowledge.
We look forward to seeing you there!
Click here to register and learn more.
PGP Advisory Celebrates Appointment to Community House Advisory Committee
We are thrilled to announce that Jason Brown, Managing Partner of PGP Advisory, along with Stephen Dyer of Brown and Dyer, have been appointed as Strategic Advisors on the Advisory Board for Community House Advisory Committee (CHAC), a nonprofit subsidiary of VelocityTX. This collaboration underscores PGP Advisory’s commitment to fostering economic growth and innovation within our community.
Community House helps to preserve the legacy of regional family-owned businesses by acquiring organizations in generational transition. Community House’s portfolio companies—Allen & Allen and Quality Fence & Welding—return a portion of their profits to the community as funding for VelocityTX’s bioscience research campus on the East side of San Antonio.
By joining forces with VelocityTX, PGP Advisory aims to contribute to the advancement of San Antonio’s life sciences industry, promoting sustainable economic and community growth. This partnership highlights PGP Advisory’s role as a leader in supporting initiatives that keep our economy healthy, strong, and growing.
We look forward to the positive impact this collaboration will have on our community and the continued success it will bring to both organizations.
The Impact of Tariffs and Interest Rates on Business Acquisitions
When evaluating a business acquisition, buyers and investors often focus on financials, growth potential, and market positioning. But two critical macroeconomic factors—tariffs and interest rates—can significantly shape the deal landscape.
Tariffs: Raising Costs, Shifting Strategy
Tariffs, especially on imported goods and raw materials, directly affect a target company’s cost structure. For manufacturers or import-heavy businesses, increased tariffs can compress margins, reduce competitiveness, and alter supply chains. As a result, buyers may lower valuations or walk away from deals with uncertain exposure. In some cases, however, distressed pricing due to tariff pressure may present opportunistic buys—particularly for firms with domestic production or tariff workarounds.
Interest Rates: Financing the Deal
Interest rates play a central role in acquisition financing. Higher rates increase the cost of debt, reducing the affordability of leveraged buyouts and shifting preference toward cash-rich buyers or strategic acquirers. Conversely, lower rates fuel deal activity by making capital cheaper and expanding return potential. In a rising rate environment, acquirers often become more selective, focusing on stable cash flow and shorter payback periods.
Combined Effect
When tariffs and interest rates rise simultaneously—as seen in some inflation-fighting policy cycles—the deal environment tightens. Cross-border transactions decline, due diligence intensifies, and sellers may need to temper price expectations.
In short, tariffs and interest rates don’t just move markets—they move M&A strategies. Savvy acquirers adjust accordingly, blending financial discipline with macroeconomic awareness.