NewSpring Franchise (NewSpring Capital) Makes Growth Investment in Blo Blow Dry Bar

Blo Blow Dry Bar Acquires LashBar to Fold into LashKind Platform

September 18, 2024

Consumer Products

Blo Blow Dry Bar, North America’s leading blow dry bar franchise, has acquired California-based lash extension franchise LashBar. LashBar’s founders will merge the brand into Blo’s LashKind platform, expanding Blo’s franchise portfolio, product distribution and unit growth opportunities.

Blo Blow Dry Bar Acquires MYNC Beauty Inc.

October 12, 2022

Retail

Blo Blow Dry Bar, a Toronto-based blow dry bar franchisor, has acquired Canadian brow and lash specialist MYNC Beauty Inc., which operates six locations across the Greater Toronto Area. The acquisition will allow Blo to roll out a MYNC franchise system across Canada and accelerate MYNC's multi-location growth under Blo's franchising expertise.

NewSpring Invests Growth Capital in Central Bark

December 14, 2021

Retail

NewSpring’s franchise-focused strategy, NewSpring Franchise, made a growth equity investment in Central Bark to accelerate the dog daycare brand’s franchise expansion and strengthen its infrastructure. Central Bark’s founders will remain involved in operations as the company uses proceeds to fuel geographic expansion, franchise development, and investments in technology and operations.

Regent Acquires Corporate-Owned Drybar Shops

April 10, 2022

Retail

Regent, L.P. acquired all remaining corporate-owned Drybar shops from Drybar Holdings, through an affiliate, and will operate 57 Drybar locations. As a result, Regent becomes Drybar's largest franchisee under franchisor WellBiz Brands and will operate the acquired salons across the United States.

NewSpring Franchise Invests in Great Harvest Holdings

October 1, 2024

Restaurants & Hospitality

NewSpring Franchise, the franchise-focused strategy of NewSpring, completed an investment in Great Harvest Holdings, LLC, a franchised fast-casual bakery and café with approximately 175 locations across the United States. Proceeds will be used to accelerate franchise development, strengthen supply chain capabilities, and expand marketing to drive growth.

NewSpring Franchise (NewSpring) Makes Growth Investment in Federal Donuts

April 5, 2022

Restaurants & Hospitality

NewSpring Franchise, a dedicated strategy of private equity firm NewSpring, completed a growth equity investment in Philadelphia-based Federal Donuts to support the brand's expansion. The capital will be used to open new locations across the Mid-Atlantic and provide infrastructure, technology, and board support while Federal Donuts' founders remain owners and continue to operate the business.