Milan Laser

Last updated
Milan Laser Hair Removal
Industry Laser hair removal
Founded2012;13 years ago (2012)
FoundersShikhar Saxena MD, Abe Schumacher MD
Headquarters
Omaha, Nebraska
,
United States
Number of locations
350+ (2024)
Number of employees
2,000+ (2024)
Website milanlaser.com

Milan Laser Hair Removal (commonly referred to as Milan Laser) is an American laser-hair-removal provider headquartered in Omaha, Nebraska. [1] Founded in 2012 by physicians Shikhar Saxena and Abe Schumacher, the company is the largest provider of laser hair removal in the United States, [2] operating more than 390 clinics across 37 U.S. states (2025 figure). [3]

Contents

History

In 2012, physicians Shikhar Saxena and Abe Schumacher partnered to purchase Milan Laser Hair Removal (formerly Milan Laser Aesthetics), establishing the company with four employees in Papillion, Nebraska. [4] [5] [6]

Originally a multi‑service clinic, Milan focused exclusively on laser hair removal in 2014. [3] The company launched its Unlimited Package, unlimited lifetime treatments for a single up front price, setting it apart from competitors that still sell three‑ to six‑session bundles. [3] [4] [7]

Milan Laser Hair Removal's treatments are performed by medically-trained staff, each clinic employs nurses, overseen by physicians, to customize laser settings for individual skin tones and hair colors. [5] The company uses the Candela GentleMax Pro laser, which combines 755 nm Alexandrite and 1064 nm Nd:YAG wavelengths, suitable for a wide range of skin tones. [8]

Milan Laser expanded through the mid-2010s, into Iowa, Colorado and Missouri. [5] In 2019, private equity firm Leonard Green & Partners invested a majority stake in the company. [9] Bloomberg noted in 2021 that the Leonard Green–backed company had filed confidentially for an initial public offering. [10] [11] The registration was later withdrawn. [12] [13]

On February 22, 2023, Milan received a strategic growth-equity investment from Sixth Street Partners and Wildcat Capital Management [14] Existing investor, Leonard Green & Partners, L.P. (“LGP”), along with the co-founders, will retain a majority interest in the company. [14] Advisory firm Latham & Watkins represented Milan Laser in the transaction. [14]

Community initiatives

In 2022, Milan Laser helped fund a new technology lab at Nelson Mandela Elementary School in North Omaha, part of a broader initiative to improve student access to educational tools and digital learning environments. [15] In 2024, Milan partnered with Military Makeover with Montel (Lifetime TV) to provide complimentary lifetime laser hair removal to a veteran family and to highlight a standing military discount. [16]

Recognitions

Milan Laser was featured on the Inc. 5000 list as one of the fastest-growing private companies in America, ranking #1125 in 2023 and #1173 in 2024. [17] In 2024, Milan also ranked #43 on the Inc. Regionals: Midwest. [17]

The company maintains an average 4.95‑star review rating. [7] In 2024, it was named one of Baird Holm LLP's Best Places to Work in Omaha. [18]

References

  1. ↑ Kang, Jaewon (2019-04-10). "Milan Laser". Wall Street Journal. ISSN   0099-9660 . Retrieved 2025-07-16.
  2. ↑ Pickle, Geoff (2020-09-11). "Milan Laser Hair Removal to make Springfield debut". Springfield Business Journal. Retrieved 2025-07-16.
  3. 1 2 3 "A national beauty industry leader, Milan Laser Hair Removal celebrates 10 years". Omaha World-Herald. 2022-06-26. Retrieved 2025-07-16.
  4. 1 2 McAtee, Holly (2024-01-18). "Laser Focused - Omaha Magazine" . Retrieved 2025-07-16.
  5. 1 2 3 Schmidt, Brenda Wade. "Laser hair removal store to open on Louise Avenue". Argus Leader. Retrieved 2025-07-16.
  6. ↑ Removal, Special for Milan Laser Hair (2021-11-08). "Industry makeover: Milan Laser Hair Removal's rise to acclaim began in Omaha". Omaha World-Herald. Retrieved 2025-07-16.
  7. 1 2 "Milan Laser".
  8. ↑ "The Asian Aesthetic Guide, vol 15 (2018), ContentStack PDF, Vol 15" (PDF).
  9. ↑ Ungarino, Rebecca. "How lip fillers and laser hair removal are plumping up private equity". Business Insider. Retrieved 2025-07-16.
  10. ↑ "Leonard Green-Backed Milan Laser Files for U.S. IPO". Bloomberg.com. Archived from the original on 2021-10-16. Retrieved 2025-07-16.
  11. ↑ "Leonard Green-Backed Milan Laser Is Said to Plan Stock Offering". Bloomberg. 2021-09-29. The company was exploring an initial public offering.
  12. ↑ "Request for Withdrawal of Registration Statement". www.sec.gov. Retrieved 2025-07-16.
  13. ↑ "Latham & Watkins Advises Milan Laser in Strategic Investment From Sixth Street and Wildcat Capital Management". www.lw.com. Retrieved 2025-07-16.
  14. 1 2 3 "Milan Laser continues Growth with New Strategic Investment from Sixth Street and Wildcat Capital Management in Partnership with LGP". Sixth Street. Retrieved 2025-07-16.
  15. ↑ "Milan Laser Hair Removal Donation Creates New Tech Lab at Nelson Mandela Elementary School" (PDF).
  16. ↑ Lyon, Jayda (2024-10-01). "Milan Laser Hair Removal Partners with Military Makeover with Montel to Serve Veterans and Their Families". Strictly Business | Omaha. Retrieved 2025-07-16.
  17. 1 2 "2024 Inc 5000".
  18. ↑ Lyon, Jayda (2024-05-01). "How Milan Set the Standard for Laser Hair Removal". Strictly Business | Omaha. Retrieved 2025-07-16.
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