Regent Completes Acquisition of all Corporate Owned Drybar Shops
LOS ANGELES, CA., April 10, 2022 -- Regent LP a global private equity firm announced today it has acquired all of the remaining corporate owned Drybar® shops from Drybar Holdings, through an affiliate entity. As part of the transaction, Regent will operate 57 Drybar shops and become Drybar's largest franchisee under Drybar Franchisor WellBiz Brands.
Founded in 2010 by Alli Webb, Drybar shops is an industry disruptor specializing in blowouts. Drybar's philosophy is simple – No Cuts. No Color. Just Blowouts. Despite focusing on blowouts, Drybar knows it's not just blowouts it's selling, but the happiness and confidence that comes from the experience of visiting one of Drybar's distinctive yellow-branded salons where the client can always count on the best music playlist, their favorite movies playing on the TV and being greeted with a glass of champagne. Drybar was named one of the top "100 Brilliant Ideas of 2010" by Entrepreneur Magazine and New York Magazine's Boom Brands of 2013.
To learn more about Drybar franchise opportunities, please visit www.drybarshops.com and for more information regarding franchise opportunities at WellBiz Brands please visit www.wellbizbrands.com.
About Drybar Holdings
Named one of the top "100 Brilliant Ideas of 2010" by Entrepreneur Magazine and New York Magazine's Boom Brands of 2013, Drybar is based on the simple concept of focusing on one thing and being the best at it: Blowouts. Drybar operate shops throughout the United States, Canada and the United Kingdom. For more information about Drybar and its franchise opportunities, visit www.drybarshops.com.
ABOUT REGENT, L.P.
Regent is a global private equity firm focused on acquiring businesses and deploying its strategic and operational expertise to fuel growth and innovation. Since its inception, Regent has successfully acquired businesses from leading Fortune 500 and large-cap companies around the globe. Their portfolio includes companies in retail, media and technology.
Selected investments include Club Monaco, Escada, DiamondBack, Redline, La Senza, Brands4Friends, Plainville Farms, Sassoon, Sunset Magazine, Lillian Vernon, HistoryNet and Sightline- a media portfolio comprised of 18 newspapers and magazines. Regent is based in Beverly Hills, California.
For more information, please visit www.regentlp.com
About WellBiz Brands, Inc.
WellBiz Brands, Inc. is the manager of four beauty, health, wellness franchise brands: Drybar®, Amazing Lash Studio®, Elements Massage® and Fitness Together®. Headquartered in Englewood, Colorado, WellBiz Brands, has more than 750 combined U.S. locations across the four brands. Through the WellBiz Brands support staff, the brands strive to uphold these core values: fun, ownership, respect, passion, and integrity. These core values embody all that is important for each brand - from franchise owners to clients - to lead healthy, balanced lives. All four brands offer unique franchise opportunities for entrepreneurs from all walks of life and various investment levels, with a fresh focus on recurring revenue models. For more information about WellBiz Brands and its franchise opportunities, visit WellBizBrands.com.