Harvest Partners completed the acquisition of Hand & Stone Massage and Facial Spa from Levine Leichtman Capital Partners.

Harvest Partners, a private equity firm, completed the acquisition of Hand & Stone Massage and Facial Spa, a franchisor and operator of spas offering affordable, convenient, and professional massage, skincare and health and wellness services, from Levine Leichtman Capital Partners, a Los Angeles-based private equity firm. Financial terms were not disclosed. "The Hand & Stone team has built a premier, market-leading platform that is extremely well-positioned for continued growth. Following our initial investment in 2015, Hand & Stone made significant investments in management, sales and marketing, technology systems, and operational resources to deliver exceptional same-store sales growth, robust new unit development, and innovative service offering expansions. We were also successful in completing a range of strategic acquisitions including an adjacent brand, regional developers, and franchised units. We are thrilled with the value that the management team and Todd Leff have created for the Company’s shareholders, franchisees, and employees. We wish the team all the best in their next chapter with Harvest Partners," Andrew Schwartz, LLCP Partner.