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Announced

Completed

The Riverside Company completed the acquisition of Frenchies Modern Nail Care.

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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United States

nail salon

Consumer Services: Other

Acquisition

Private

Private Equity

Majority

Domestic

Completed

Friendly

Single Bidder

Synopsis

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The Riverside Company, a private equity firm, completed the acquisition of Frenchies Modern Nail Care, a nail care studio. Financial terms were not disclosed. “Frenchies is a natural addition to Bishops Cuts/Color and the thesis of creating a leading multi-brand franchisor of personal care service and health & wellness brands. Frenchies’ strong reputation and commitment to cleanliness and providing high quality nail care service offerings are a true differentiator in the nail salon industry. We are excited to partner with the Frenchies team to build upon Frenchies’ strong history and help expand the company’s services and geographic reach into more areas," Loren Schlachet, Riverside Managing Partner.

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