Feb 6, 2012

By Sherri Welch The Philadelphia-based private equity firm Versa Capital Management LLC has completed its acquisition of Farmington Hills-based American Laser Centers LLC, using $15 million in exit financing to bring the company out of Chapter 11.In December, ALC Holdings LLC sought Chapter 11 protection in U.S. Bankruptcy Court for the District of Delaware to facilitate the sale and restructuring of American Laser Centers.The court approved the sale last Tuesday.With the successful sale closing,… Print + Digital - Everything for only $59 Your print subscription includes 52 issues a year, all-access to content on Crainsdetroit.com -- updated 365 days of the year -- as well as daily email newsletters to your inbox and the annual Crain's Book of Lists. Subscribe Digital only: Subscribe for $36 a year Get Crain's Detroit Business only for just 56 cents per week. Your digital subscription includes access to every story, blog and feature on the crainsdetroit.com website. Across every device -- on mobile, tablet and desktop -- the same content, updated every day of the year.