Of the salons purchased, 86 of them were franchise buybacks.
The transaction is expected to add $45 million in annualized revenue.
Including the anticipated Holiday Hair acquisition, Regis Corp. completed 290 acquisitions in the past ten years adding more than 7,400 salons and generating annualized revenue of nearly $1 billion.
Regis Corp. is the largest owner, operator and franchisor of hair and retail product salons in the world. As of March 31, the company operated and franchised 9,886 salons using several concepts including Supercuts, Jean Louis David, Vidal Sassoon, Regis Salons, MasterCuts, Trade Secret, SmartStyle and Cost Cutters. These salons are located in the United States, Canada, France, Italy, United Kingdom, Spain, Germany, Belgium, Switzerland, Poland and Puerto Rico.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
