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New Deal


Announced

Completed

WellBiz Brands completed the acquisition of Drybar.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Majority

Single Bidder

United States

Domestic

hair styling

Acquisition

haircut services

Consumer Services: Other

Completed

Synopsis

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WellBiz Brands, the manager of four beauty, health, wellness franchise brands, completed its acquisition of Drybar, a salon chain that provides hair styling services known as blowers. Financial terms were not disclosed. "Drybar has a passionate and loyal customer base and franchise system. Joining the WellBiz platform is a huge testament to the strength of Drybar shops. The synergy and scale of Wellbiz will help take Drybar to the next phase of growth," Liz Williams, Drybar CEO.

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