sur Boxwood Partners, LLC (isin : US21839P2065)
Boxwood Partners Facilitates The Lash Lounge's Sale to The Riverside Company
Boxwood Partners, a distinguished boutique M&A advisory firm, has successfully managed the sale of The Lash Lounge, a leading eyelash salon franchise, to The Riverside Company. Specializing in custom lash extensions and other beauty services, The Lash Lounge marks a significant addition to Riverside’s portfolio. The terms of the transaction remain undisclosed.
Directed by Managing Director Brian Alas and his team, this acquisition underscores Boxwood Partners' expertise in the franchising domain. The Lash Lounge, known for its tailored service offerings, has grown to operate 129 locations nationwide since its inception in 2006. The company boasts over 20,000 members, attesting to its pioneering role in the eyelash sector.
Anna Phillips and Meg Roberts of The Lash Lounge expressed enthusiasm for the partnership with Riverside, highlighting the potential for continued innovation and growth. Their commitment to quality service and empowering women aligns with Riverside’s strategic approach to expanding its Head to Toe Brands platform.
Riverside’s Loren Schlachet conveyed excitement about fostering The Lash Lounge's development and extending its geographic reach. This acquisition marks Riverside's third for the platform, demonstrating its ambition to lead in the beauty and personal care franchises sector.
Supporting The Lash Lounge through the sale, Weaver LLP provided accounting advice, while Haynes and Boone, LLC offered legal counsel. This strategic move is poised to propel The Lash Lounge towards further growth and solidify its market position.
R. P.
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