Connect with us

Technology

Acquisition Lets AI and Operators Learn From Nearly $2 Billion in Annual Aesthetics Transactions

Published

50 minutes ago

on

CorralData’s acquisition of The Data Co brings the nation’s largest aesthetics networks onto the platform with anonymized peer benchmarks and AI insights.

NEW YORK, Oct. 7, 2026 /PRNewswire/ — CorralData, a data and AI platform for multi-location healthcare and wellness businesses, today announced it acquired The Data Co, an analytics company built by and for multi-clinic aesthetics groups. The Data Co’s customers, including Cosmetic Physician Partners (CPP) and Aesthetic Partners (AP), two of the largest aesthetics networks in the U.S., are moving to CorralData.

Combined with CorralData’s existing customers, the deal puts many of the largest aesthetics rollups and franchise groups in North America on one platform, covering nearly $2 billion a year in aesthetics transactions.

“A single clinic’s data can only tell you so much,” said Alex Lirtsman, founder and CEO of CorralData. “When our AI can see what’s working across the largest groups in the industry, every customer gets smarter faster. This deal gives us that scale.”

Private equity has spent the last several years buying up medspas and cosmetic surgery practices. Yet most of these groups still run each clinic on its own mix of booking, medical records, and marketing systems. This disparate information makes even simple questions like: Which locations are losing patients? What services lead to repeat visits? Which marketing platform is giving us the most ROI? difficult to answer. 

CPP and AP built The Data Co to answer those questions across their own clinics, including benchmarking tools that compare performance across locations and providers. Those tools now become part of CorralData. For aesthetics operators, the combined platform means:

Recommendations based on what works. AskCorral, CorralData’s AI agent, suggests specific changes, such as schedule adjustments or follow-up timing, drawn from results at similar clinics.Earlier warning on lost patients. Clinics can see which patients are likely to stop booking and reach out before a treatment plan lapses.Smarter marketing spend. Groups can see which channels bring in patients who return, not just first-time bookings.Benchmarks against peers. Managers can compare rebooking rates, revenue per visit and provider utilization from similar groups. All data is aggregated and anonymized. No company’s or patient’s individual data is shared with anyone else, and the platform is HIPAA compliant.

“When you run one of the largest medspa networks in the country, you feel every gap in your data,” said Daniel Schacter, CEO of Cosmetic Physician Partners. “This combination gives our clinics new tools and sharper benchmarks. Our managers and providers will see the difference in how they run their clinics day to day.”

Aesthetics is CorralData’s largest vertical, but not its only one. Its customers also include multi-location groups in behavioral health, physical therapy, dental, dermatology, cosmetic surgery, ENT and veterinary care, as well as large pharmaceutical companies.

About CorralData
CorralData is a HIPAA-compliant data and AI platform for healthcare and wellness brands. It connects more than 600 data sources, including medical records, billing, scheduling and marketing systems, and gives operators reporting, benchmarks and AI-driven recommendations built on anonymized, industry-wide data. More than 200 organizations across 2,000+ locations use CorralData. Learn more at corraldata.com.

Media contact: aroberts@sovyn.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/acquisition-lets-ai-and-operators-learn-from-nearly-2-billion-in-annual-aesthetics-transactions-302900595.html

SOURCE CorralData

Related Topics:
Continue Reading

Technology

iBase-t Names Andrew Varghese CFO to Advance AI-Native Software Growth

Published

50 minutes ago

on

October 7, 2026

By

Appointment strengthens financial leadership as iBase-t builds on private equity backing to expand its AI-native digital manufacturing and sustainment platform for aerospace and defense.

LAKE FOREST, Calif., Oct. 7, 2026 /PRNewswire/ — iBase-t, a leader in digital manufacturing and sustainment software solutions for aerospace and defense, today announced the appointment of Andrew Varghese as Chief Financial Officer. Varghese joins as iBase-t accelerates investment in its platform, deepens AI capabilities, and positions the business for continued growth across the aerospace and defense market.

As aerospace and defense manufacturers scale production and modernize operations, iBase-t sees a significant opportunity to expand its role in the industry. For nearly four decades, the company has developed purpose-built software for the complex requirements of aerospace and defense manufacturing and maintenance, repair and overhaul (MRO). Its combination of deep domain expertise, mission-critical customer relationships, and expanding AI capabilities positions iBase-t for its next phase of growth.

Varghese brings deep experience in strategic finance and value acceleration having served as a senior private equity investor and operating executive for more than a decade in the industrial SaaS market. He has partnered with founders and leadership teams across several industrial SaaS companies, helping build the financial discipline and operating infrastructure needed to scale rapidly. Most recently, as CFO of Irth Solutions, he helped lead the company through more than threefold growth in annual recurring revenue, strong profitability, and a successful exit to a global growth equity firm.

“We see a substantial opportunity ahead as aerospace and defense companies invest in greater production capacity, operational resilience, and digital modernization,” said Naveen Poonian, CEO of iBase-t. “Our private equity backing gives us the ability to invest in that opportunity and build on a foundation developed over nearly four decades. Andrew brings the financial leadership and experience to help us translate those investments into platform innovation, deeper customer relationships, and sustained business growth.”

“I was drawn to iBase-t’s deep expertise in aerospace and defense and the critical role its software plays in customers’ operations during a period of unprecedented demand in the industry,” said Varghese.  “The company has a strong foundation and the backing to invest in its next phase of expansion. I’m excited to work with Naveen and the team to strengthen the financial and operating infrastructure for scale, support investment in innovation, and help iBase-t capture the opportunity ahead.”

About iBase-t

iBase-t is the global leader in AI-native digital manufacturing and sustainment software for the aerospace and defense industry. Committed to innovation, customer success, and product excellence, iBase-t ensures digital continuity across manufacturing, quality, and maintenance, repair, and overhaul (MRO) operations. iBase-t’s Solumina Manufacturing Operations Platform is a cloud-native solution that establishes a digital ecosystem to drive innovation and improve operational performance for the most critically complex manufacturers. iBase-t customers include Northrop Grumman, Leonardo DRS, Rolls-Royce, Pratt & Whitney, and Textron.

Media Contact
Tom Hennessey
(949) 958-5200
424204@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ibase-t-names-andrew-varghese-cfo-to-advance-ai-native-software-growth-302900652.html

SOURCE iBase-t

Continue Reading

Technology

iBase-t Names Andrew Varghese CFO to Advance AI-Native Software Growth

Published

50 minutes ago

on

October 7, 2026

By

Appointment strengthens financial leadership as iBase-t builds on private equity backing to expand its AI-native digital manufacturing and sustainment platform for aerospace and defense.

LAKE FOREST, Calif., Oct. 7, 2026 /PRNewswire/ — iBase-t, a leader in digital manufacturing and sustainment software solutions for aerospace and defense, today announced the appointment of Andrew Varghese as Chief Financial Officer. Varghese joins as iBase-t accelerates investment in its platform, deepens AI capabilities, and positions the business for continued growth across the aerospace and defense market.

As aerospace and defense manufacturers scale production and modernize operations, iBase-t sees a significant opportunity to expand its role in the industry. For nearly four decades, the company has developed purpose-built software for the complex requirements of aerospace and defense manufacturing and maintenance, repair and overhaul (MRO). Its combination of deep domain expertise, mission-critical customer relationships, and expanding AI capabilities positions iBase-t for its next phase of growth.

Varghese brings deep experience in strategic finance and value acceleration having served as a senior private equity investor and operating executive for more than a decade in the industrial SaaS market. He has partnered with founders and leadership teams across several industrial SaaS companies, helping build the financial discipline and operating infrastructure needed to scale rapidly. Most recently, as CFO of Irth Solutions, he helped lead the company through more than threefold growth in annual recurring revenue, strong profitability, and a successful exit to a global growth equity firm.

“We see a substantial opportunity ahead as aerospace and defense companies invest in greater production capacity, operational resilience, and digital modernization,” said Naveen Poonian, CEO of iBase-t. “Our private equity backing gives us the ability to invest in that opportunity and build on a foundation developed over nearly four decades. Andrew brings the financial leadership and experience to help us translate those investments into platform innovation, deeper customer relationships, and sustained business growth.”

“I was drawn to iBase-t’s deep expertise in aerospace and defense and the critical role its software plays in customers’ operations during a period of unprecedented demand in the industry,” said Varghese.  “The company has a strong foundation and the backing to invest in its next phase of expansion. I’m excited to work with Naveen and the team to strengthen the financial and operating infrastructure for scale, support investment in innovation, and help iBase-t capture the opportunity ahead.”

About iBase-t

iBase-t is the global leader in AI-native digital manufacturing and sustainment software for the aerospace and defense industry. Committed to innovation, customer success, and product excellence, iBase-t ensures digital continuity across manufacturing, quality, and maintenance, repair, and overhaul (MRO) operations. iBase-t’s Solumina Manufacturing Operations Platform is a cloud-native solution that establishes a digital ecosystem to drive innovation and improve operational performance for the most critically complex manufacturers. iBase-t customers include Northrop Grumman, Leonardo DRS, Rolls-Royce, Pratt & Whitney, and Textron.

Media Contact
Tom Hennessey
(949) 958-5200
424204@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ibase-t-names-andrew-varghese-cfo-to-advance-ai-native-software-growth-302900652.html

SOURCE iBase-t

Continue Reading

Technology

Reliance Launches ClearVet, Bringing Real-Time Veterinary License Verification to the Animal Health Industry

Published

50 minutes ago

on

October 7, 2026

By

EAU CLAIRE, Wis., Oct. 7, 2026 /PRNewswire/ — Reliance has launched ClearVet, which helps animal health organizations confirm that the veterinarians they do business with hold active, valid licenses. ClearVet, which became available on September 11, replaces manual, state-by-state lookups with a single platform that verifies licenses, monitors them for changes, and maintains a record of every check.

ClearVet’s platform enables animal health teams to:

Search and verify veterinary licenses across all 50 states and U.S. territoriesMonitor saved licenses for expirations and status changesIntegrate license verification into their own systems through the ClearVet API

“Most teams check a veterinarian’s license once. ClearVet turns that one-time check into constant monitoring. Upload your roster, and we watch every license, every day, and tell you the moment something changes,” said Isaac Clark, co-founder of ClearVet.

ClearVet draws on Reliance’s experience connecting trading partners across the animal health industry, where the company helps manufacturers and distributors exchange, validate, and trust the partner data their businesses depend on.

About ClearVet

ClearVet, a Reliance company, provides veterinarian license verification and monitoring for animal health organizations. Its platform brings license data from all 50 states and U.S. territories into one place, helping companies stay compliant, maintain accurate records, and keep orders moving. Learn more at clearvet.com.

About Reliance

Reliance, based in Eau Claire, Wisconsin, provides EDI integration, data validation, and technology solutions for the animal health industry. Reliance turns partner data into clear, trusted information, helping manufacturers and distributors reduce manual work, improve accuracy, and gain better visibility across their supply chain. Learn more at reliancedatacorp.com.

Contact
Maria Bamonti
608.405.7620
424180@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/reliance-launches-clearvet-bringing-real-time-veterinary-license-verification-to-the-animal-health-industry-302900658.html

SOURCE Reliance

Continue Reading

Trending