NewSpring Capital completed an investment in Blo Blow Dry Bar.

NewSpring Capital, a private equity firm, completed an investment in Blo Blow Dry Bar, a beauty salons chain operator. Financial terms were not disclosed. "The investment from NewSpring is a testament to Blo's distinct brand reputation, our proven success and the strong growth potential in the blow dry bar category. With this partnership, we are positioned for major expansion in both existing and new markets, while we make strategic investments to bolster our brand, system and support programs," Vanessa Yakobson, Blo Blow Dry Bar CEO.