Announced

Spanos Barber Jesse backed - Moxie acquires Supercuts Salons from Regis.

Synopsis

Moxie Management Group, owners and operators of nearly 100 Supercuts salons throughout California, backed by Spanos Barber Jesse, a private equity firm focused on leading investments in founder and family-owned consumer, business services and healthcare services companies, acquires 96 more Supercuts salons in California, from Regis Corporation (RGS), a leader in beauty salons and cosmetology education. Financial terms were not disclosed. The Moxie salons join over 2,700 Supercuts across the United States, Canada and Puerto Rico that provide consistent, high-quality hair-care services and professional products to guests at convenient times and locations at reasonable prices. Supercuts offers a broad selection of professional haircare products including Paul Mitchell, American Crew, TIGI, Redken, Biolage and more. “We are excited to be meaningfully expanding our relationship with Regis. Our partnership with both Regis and SBJ will allow us to continue to expand our footprint throughout the U.S. while we carry-on Supercuts' 40+ year heritage of providing affordable, high-quality haircuts in a convenient setting.” Michael Stajer, Moxie CEO.

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