Source Capital Supports Chartwell Investments Entrepreneur & Founder Capital’s & Tamarix Equity Partners’ Investment in Blue Ocean Aesthetics Holdings and Rohrer Aesthetics

Source Capital, through Source Capital Credit Opportunities IV, LP (“SCCO IV”), is pleased to announce its investment in Blue Ocean Aesthetics Holdings and Rohrer Aesthetics (“Rohrer” or the “Company”). Blue Ocean’s mandate is to build a medical aesthetics industry ecosystem with Rohrer as its foundational investment. Rohrer provides non-invasive energy-based device aesthetics products to a variety of physician practices and medical spas across the US. Rohrer’s products are utilized for a wide range of procedures and deliver unique solutions for a variety of physical aesthetic needs, including skin tightening, tattoo removal, fat reduction, and hair removal. Rohrer’s reputation for providing cost effective, high quality, reliable products has positioned the Company for further expansion in the aesthetic market. SCCO IV supported the formation of Blue Ocean and the acquisition of the Company by private equity sponsors Chartwell Investments Entrepreneur & Founder Capital (“Chief Capital”) and Tamarix Equity Partners (“Tamarix”) by providing debt and an equity co-investment.

Founded in 2014 and headquartered in Homewood, AL, Rohrer has swiftly expanded its product portfolio to include over 10 medical energy-based devices that provide a wide range of functionality for non-invasive aesthetics procedures with maximum effectiveness and excellent patient outcomes. Rohrer provides a compelling value proposition to its physician and medical spa customers, as it delivers superior clinical performance to patients and ROI to its customers by providing quality, multi-functional platforms at affordable price points.

“Rohrer has a respected brand name and an expanding product offering in an industry that continues to gain momentum,” said Joe Rodgers, Managing Director at Source Capital. “We are excited about supporting both Chief Capital and Tamarix with the Blue Ocean platform and during Rohrer’s next phase of growth.”

About Chartwell Investments Entrepreneur & Founder Capital (Chief Capital)
Chief Capital provides flexible private equity for entrepreneurs, family-owned businesses, and corporate carveouts. The firm partners with management owners to help realize their visions and provide long-term capital, resources, and expertise to accelerate growth and provide generational liquidity. Chief Capital customizes each investment to meet the objectives of its entrepreneur and family partners. With 40+ years of experience, Chief Capital focuses on niche lower middle market companies with an emphasis on healthcare, healthcare services, business services and niche manufacturing segments. Chief Capital successfully exited two of its 2019 vintage platform build-up investments, RQM+ and TTG Imaging Solutions, in H2 2021 and completed the strategic add-on acquisition of General Rubber Corporation for its EFM Equipment Company industrial platform in Q1 2022. Please visit for more information.

About Tamarix Equity Partners L.P.
Tamarix is a private equity firm founded by seasoned professionals with over 30 years of investment experience. Having invested over $1 billion in more than 80 companies, Tamarix assists management teams in growing their business and enhancing value. Tamarix is a trusted partner to families, founders, and managers of small businesses, providing capital and strategic expertise to growing lower middle-market businesses. Please visit for more information.

About Source Capital, LLC
Source Capital is a private investment firm focused on providing flexible equity and debt capital to lower middle-market companies across a range of industries. Source Capital’s investment strategy targets growing companies with greater than $2 million in EBITDA seeking a growth-oriented partner. Since its founding in 2002, Source Capital has made 23 equity platform investments and 50 add-on acquisitions as well as 38 debt investments through four separate credit funds. To learn more about Source Capital or to discuss a new equity or debt investment opportunity, please reach out to a member of our investment team.

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