Radiance Holdings, parent company of Sola Salon Studios, acquires The Woodhouse Day Spa

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Radiance Holdings, parent company of Sola Salon Studios, acquires The Woodhouse Day Spa

TL;DR

Radiance Holdings, the parent company of Sola Salon Studios, has acquired The Woodhouse Day Spa, a self-care specialist with over 60 franchise locations. The acquisition marks an important milestone in the growth of Radiance Holdings, which aims to broaden its portfolio of brands.

The newly formed parent company has started acquiring self-care brands to broaden its portfolio.

Sola Salon Studios, the world’s largest salon studios franchise with 519 locations throughout the U.S., Canada, and Brazil, recently became part of a larger family as the newly formed Radiance Holdings, the brand’s parent company, acquired developing franchise The Woodhouse Day Spa; a self-care specialist with over 60 franchise locations in 21 states.

Offering relaxation spaces, high-end retail, and signature services such as the award-winning Minkyti Facial, The Woodhouse Day Spa fits naturally into Radiance Holdings’ expanding portfolio of brands.

Christina Russell, the previous CEO of Sola Salon Studios, will transition into an expanded role as CEO of Radiance Holdings. Sola’s president and COO, Myrle McNeal, will continue to lead day-to-day operations for the international franchise.

“Like the rest of the world, we have experienced extraordinary times over the past several months, but we are glad to be emerging strong and ready to greet the opportunities ahead,” said Christina Russell. “The formation of Radiance and the acquisition of The Woodhouse Day Spa represents an important milestone in the growth of our company. We’re thrilled to have Woodhouse and its franchisees join Sola in our collection of premier concepts.”

At Radiance Holdings, CEO Christina Russell will be joined by Ben Jones and Nathan Jensen, who have been appointed chief development officer, and chief counsel and chief financial officer, respectively.

“For the past 19 years, The Woodhouse Day Spa has been my passion and purpose, and I am so proud of the brand, the team, and the family culture we’ve maintained during our growth,” said Jeni Garrett, founder of The Woodhouse Day Spa. “As I enter my next chapter, I am excited to transition the company to Christina and the entire team at Radiance. I’m confident that the Woodhouse franchise partners and team are in the best, most capable hands of industry leaders with several decades of combined experience.”

In this story

This story was originally published by Kieran M in Global Franchise on July 7, 2020. Burnaze summarizes and links to the original reporting.

Read the full story at Global Franchise

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