VIO Med Spa Inks Strategic Growth Partnership With Tucker’s Farm Corporation

VIO Med Spa inks strategic growth partnership with Tucker's Farm Corporation, enhancing executive leadership and day-to-day operations.

Read the original at Franchising.com
VIO Med Spa Inks Strategic Growth Partnership With Tucker’s Farm Corporation

TL;DR

VIO Med Spa has formed a strategic growth partnership with Tucker's Farm Corporation, which includes a substantial capital injection to drive expansion and improve operations. The partnership will also bring Tucker's Farm head of capital allocation, Kyle Tucker, onto VIO Med Spa's Board of Directors.

The substantial injection of capital will create a strategic growth partnership between VIO Med Spa and Tucker’s Farm in order to drive expansion, invest in human infrastructure, expand training and education, explore emerging operational and technology platforms, and further the development of additional corporate-owned locations.

“As our leadership team explored the many growth partners interested in VIO, we felt Tucker’s Farm was best aligned with our core values,” said VIO CEO Ryan Rose. “They share our ideals of being a franchisee-first organization and decision-making based on long-term financial results.”

With the addition of Tucker Farm’s equity investment, Kyle Tucker, who is the company’s head of capital allocation, will join the VIO Board of Directors. His strategic involvement will enhance executive leadership, with day-to-day operations remaining the same.

“After meeting with Ryan Rao, VIO Med Spa’s Chief Development Officer, at an industry conference and studying all the leading brands in the aesthetics industry, I knew VIO was best-in-class and positioned to be special,” Tucker said. “We’re extremely excited to partner with the team at VIO Med Spa. They are uniquely positioned to deliver excellent patient outcomes across the country and we’re thrilled they chose Tucker’s Farm as their partners.”

Tucker’s Farm takes a highly-flexible approach, investing across industries, geographies and the capital structure.

VIO Med Spa offers the newest cutting-edge technologies and therapies available. Every location stresses a best-in-class experience and adheres to the company motto: delivering safe, easy, and life-changing results.

In this story

This story was originally published in Franchising.com on July 19, 2022. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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