The Texas-based business provides clinical dermatology and pathology lab services as well as laser hair removal, tattoo removal and other aesthetic services.
Candescent targets lower mid-market companies in healthcare, business services, consumer products and software.
Brookside manages more than $500m of capital across a trio of mezzanine funds, and focuses on subordinated debt and minority equity capital investments in small and mid-sized US businesses.
The firm said it planned to combine the new purchase with its existing portfolio company The Dermatology Skin & Cancer Center.
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