Blo Blow Dry Bar Acquires LashBar to Fold into LashKind Platform
September 18, 2024
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.
- Buyers
- Blo Blow Dry Bar
- Targets
- LashBar
- Platforms
- LashKind
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Addon
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Blo Blow Dry Bar Acquires MYNC Beauty Inc.
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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.
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NewSpring Franchise (NewSpring Capital) Makes Growth Investment in Blo Blow Dry Bar
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NewSpring Franchise, a newly launched strategy from NewSpring Capital, made a growth-equity investment in Blo Blow Dry Bar, North America’s original blow dry bar franchise. The investment will support Blo’s continued multi-unit franchise expansion across the United States and Canada and NewSpring partners will join the company’s board to help scale the brand.
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Helen of Troy Completes Acquisition of Drybar Products
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Helen of Troy Limited completed the acquisition of Drybar Products LLC for approximately $255 million in cash. The transaction transfers the Drybar consumer products business to Helen of Troy while the Drybar salon business (Drybar Holdings LLC) retains a worldwide license to continue operating salons and selling the products in those locations.
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