Asonye and Ting Join Alyssa Rapp, Chief Executive Officer, to advance Empower’s same-store growth and support its existing M&A strategy CHICAGO–(BUSINESS WIRE)–Asonye and Ting Join Alyssa Rapp, Chief Executive Officer, to advance Empower’s same-store growth and support its existing M&A strategy CHICAGO–(BUSINESS WIRE)–

Empower Aesthetics Appoints Chidinma Asonye as President and Peter Ting as Chief Financial Officer

Asonye and Ting Join Alyssa Rapp, Chief Executive Officer, to advance Empower’s same-store growth and support its existing M&A strategy

CHICAGO–(BUSINESS WIRE)–Empower Aesthetics (“Empower” or “the Company”), a national medical aesthetics platform, and Shore Capital Partners portfolio company, today announced the appointments of Chidinma Asonye as President and Peter Ting as Chief Financial Officer. They join the executive team alongside CEO Alyssa Rapp.

Asonye is a seasoned executive with more than 20 years of experience growing and scaling businesses and improving operational results. Like Rapp, Asonye has served on Empower’s board of directors since the Company’s inception in August 2022.

Ting is a veteran CFO with multisite financial management experience at Ace Hardware and Follett Higher Education, along with significant transactional and transformation experience.

“I’m thrilled to have recruited such esteemed executives as Chidinma and Pete to the executive leadership team at Empower. They are exactly the leaders we need to take the company to the next level,” said Rapp.

“Chidinma has made a meaningful impact since joining our board, and we are excited to welcome her as Empower’s president. I believe her operational focus and digital marketing expertise will provide immediate benefits to Empower’s practices and drive superior results, particularly in same-store growth,” said David Barr, lead independent director of Empower’s board.

“Empower has built a strong platform with a tremendous network of entrepreneurs and has a bright future ahead. We could not be more grateful for Pete’s addition as CFO, which will help unlock further growth opportunities for our stakeholders,” said John Hennegan, Chairman of Empower’s board and Co-founder of Shore Capital Partners.

Empower is actively pursuing an acquisition strategy, seeking like-minded, growth-oriented leaders in aesthetics to join its trusted network, share best practices and elevate success. The Company provides resources to help leaders grow their businesses, invest in employees, fine-tune operations, and ultimately see more patients while maintaining the highest quality of care.

Biographies

About Chidinma Asonye

Asonye joins Empower Aesthetics as President after having served on the company’s board of directors since inception. Previously, she served as President of Serena Williams’ multi-branded portfolio and as a founding board member and Chief Marketing & Commercial Officer at WYN Beauty. She spent several years at The Estée Lauder Companies and worked as a management consultant at the Boston Consulting Group, advising retail and consumer clients across functional areas including go-to-market, innovation, strategy and operations. Combined with her experience as a private equity investor, this background positions her to lead Empower’s operations, integrations and marketing functions.

About Pete Ting

Ting is a seasoned finance executive with more than 20 years of experience leading finance teams at multisite organizations. Most recently, he recently served as CFO of Follett Higher Education, which operates more than 1,000 locations nationwide. Prior to Follett, Ting spent 15 years at Ace Hardware Corporation, holding leadership roles in controllership and treasury and serving as CFO of Ace’s standalone international business. Earlier in his career, he was a senior manager in KPMG’s audit practice. His experience as both a controller and CFO will support his leadership of the finance team and strategy at Empower Aesthetics.

About Empower Aesthetics

Backed by Shore Capital Partners, Empower Aesthetics is a national aesthetics platform that provides the tools, support and strategy to empower aesthetics owners and practices to reach new heights while maintaining the highest quality of care. Empower is looking for providers with whom to partner and grow thoughtfully. To learn more about Empower Aesthetics, please visit www.empower.spa or email info@empower.spa.

About Shore Capital Partners

Shore Capital, a Chicago-based private equity firm with offices in Nashville, is an investor in lower middle market companies in the Healthcare, Food and Beverage, Business Services, Industrial, and Real Estate industries. Shore’s strategy is to support management partners to grow faster with less risk through access to capital, world-class board and operational resources, and unmatched networking, development, and shared learnings across the portfolio. From 2020-2025, Shore received recognition from Inc. Magazine as a 6x Top Founder Friendly Investor and by PitchBook Research for leading U.S. Private Equity deal volume for the past 10 years, from 2015-2024. Shore targets investments in established, successful private companies with superior management teams, stable cash flow, and significant potential to grow through industry consolidation and organic growth to generate value for shareholders. Shore has approximately $14 billion of assets under management and in additional investment platforms to which it provides business and operational consulting services. For more information on these awards and investment platforms, please visit: www.shorecp.com.

Contacts

Alyssa Hall, Edelman Smithfield

alyssa.hall@edelmansmithfield.com

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