Ropes & Gray advised TSG Consumer Partners on the private equity firm’s acquisition of a majority stake in Radiance Holdings, a platform that represents franchising brands in the beauty, wellness, and self-care sectors.
Denver-based Radiance said it invests in brands, helping them innovate and helping their franchisees and independent beauty professionals grow their businesses. It says its current portfolio is 85% franchised and includes three brands.
The portfolio includes Sola Salons, a salon studios franchiser with around 650 locations across the US and Canada that rent suites to individual beauty care professionals; premium day spa brand Woodhouse Spas, with around ...
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