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Announced

Completed

CI Capital Partners-backed Arch Amenities Group completed the acquisition of Innovative Spa Management, Privai and Spa Space.

Synopsis

CI Capital Partners-backed Arch Amenities Group, a provider of amenities management and consulting services for commercial and residential properties including hotels, spas, meetings and events, private clubs and recreation spaces, completed the acquisition of Innovative Spa Management, Privai and Spa Space, three spa operators. Financial terms were not disclosed. "Bringing these businesses into Arch Amenities Group complements our expanding set of services. As the demand for wellness services increases, we are creating a more connected way to deliver the very best spa services while driving spa utilization for their owners. At the same time, we are giving more control and flexibility to the professionals who work in those spas," Barry Goldstein, Arch Amenities Group CEO.

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