Reshaping the future of the medical spa space

Headquartered in Denver, CO, Elase is a premier medical spa company built on the philosophy of delivering premium customer experience, building lifetime clients and creating a best-in-class team of medical spa industry leaders. Elase will position itself as a leading medical spa platform through partnerships with business owners looking to expand their medical spas and careers. The company was launched by Imperial Capital in 2022 as Birch Medical Spas and was rebranded in 2024 as Elase Medical Spas.

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ApproachBack, Buy and Build


Investment Date2022 – Fund VIII




HeadquartersDenver, CO



Imperial LeadNicholas Moritsugu Principal


Ask Our CEOs

"Imperial understands the importance of getting the playbook right - they value investing in people and systems capabilities early on which is critical to success. It's exciting to know that Imperial and my leadership team are aligned in our approach to reshape the future of the medical spa industry.”

Stephanie Hu,
Elase Medical Spas

Our CEOs

Your Company, Your Idea, Your Partner

We are always looking for new partnership opportunities and seeking to help build better businesses. If you are the founder of a business that is poised for growth, a seasoned executive that has a great idea for an industry to invest in or an entrepreneur that wants to launch a business, we should talk.

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