General Atlantic to Acquire European Wax Center (Take-Private)

MKH Capital Partners Launches Wax Center Partners and Acquires 11 European Wax Center Locations

May 18, 2021

Retail

MKH Capital Partners launched a European Wax Center franchise platform called Wax Center Partners and, in partnership with the Stieber EWC franchise, acquired 11 European Wax Center locations in California. The deal creates a platform to pursue further unit growth and additional acquisitions across new and existing markets.

Wax Center Partners Acquires Four European Wax Center Locations in Las Vegas

December 1, 2021

Retail

Wax Center Partners (WCP), a European Wax Center platform backed by MKH Capital Partners, acquired four European Wax Center locations in the Las Vegas area (Centennial Hills, Henderson, Rainbow and Summerlin). The transaction expands WCP’s footprint into Nevada and adds to the platform’s multi-state roll-up of EWC franchise centers as it continues pursuing new development and acquisition opportunities.

Wax Center Partners Acquires Six European Wax Center Locations in Dallas Metro Area

August 20, 2021

Retail

Wax Center Partners — a platform formed by MKH Capital Partners in partnership with the Stieber European Wax Center franchise — acquired six European Wax Center locations in the Dallas metro area (Allen, Arlington, Fort Worth, Frisco, Las Colinas, and Mansfield). The add-on expands Wax Center Partners' footprint to 18 centers and reflects the platform's strategy of growth through both new development and acquisitions.

Exaltare Capital Management Acquires Uni K Wax

June 6, 2023

Retail

Exaltare Capital Management, a Boston-based private equity firm, acquired UKW Holding Company (Uni K Wax), a franchisor and operator of waxing studios headquartered in Aventura, Florida. Capitala Group provided debt and equity financing for the transaction; Heather Elrod joined as Executive Chair and founder Noemi Grupenmager remains a significant shareholder as the company pursues franchise system expansion.

AWAX Group Acquires Sasol Wax GmbH

March 1, 2022

Manufacturing

AWAX s.p.a. has acquired Sasol's European wax business (Sasol Wax GmbH), which will operate as Hywax GmbH effective March 1, 2022. The transaction transfers two production facilities in Hamburg (plus sites in Linz, Austria and Birkenhead, UK) to AWAX as Sasol streamlines its portfolio to focus on core assets.

Warburg Pincus-Led Investor Group To Acquire ECN Capital in C$1.9 Billion All-Cash Deal

November 14, 2025

Financial Services

ECN Capital entered into a definitive arrangement agreement to be acquired in an all-cash transaction valued at approximately C$1.9 billion by a newly formed acquisition entity controlled by an investor group led by Warburg Pincus. The deal provides immediate liquidity for shareholders and is anticipated to close in the first half of 2026, subject to regulatory approvals and court orders.