Ropes & Gray Represents Elliott Investment Management in its Investment in Removery
Ropes & Gray represented Elliott Investment Management L.P. in its investment in Removery, the largest specialized provider of tattoo removal, change and fade services in North America. The transaction was announced on Jan. 19. The press release is here.
Removery, an innovative tattoo removal company with 40 locations across the U.S. and Canada, was formed in 2019 through the merger of four leading tattoo removal brands. Elliott Investment Management manages more than $41 billion of assets. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds under continuous management.
The Ropes & Gray team that advised Elliott Investment was led by private equity partner Carl Marcellino (New York), and included private equity associate Joseph Lam (San Francisco) and asset management associate Lauren Martinez (New York).