Propelled Brands Acquires Suite Management Franchising, LLC
June 29, 2021
Propelled Brands, the multi-brand franchising platform behind FASTSIGNS and NerdsToGo, has acquired Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza. The deal brings roughly 201 salon suite locations across 34 states (and 2 countries) into Propelled Brands' portfolio to accelerate growth of the salon-suite franchising business.
- Buyers
- Propelled Brands
- Targets
- Suite Management Franchising, LLC (MY SALON Suite; Salon Plaza)
- Industry
- Professional Services
- Location
- Louisiana, United States
- Transaction Type
- Buyout
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