Regis Corporation Reaches Agreement to Sell its Mall-Based Salons and U.K. Businesses
Ropes & Gray represented Regis Corporation, a leader in the haircare industry, in the sale of all its mall-based salon business in North America, and in its agreement to sell all of its international segment to The Beautiful Group, an affiliate of Regent, who will operate the entities as the company’s largest franchisee.
Regis corporate and franchised locations operate under the brands Supercuts, SmartStyle, MasterCuts, Regis Salons, Sassoon Salon, Cost Cutters, Roosters and First Choice Haircutters. The transaction encompasses 858 of its North America Regis Salons and MasterCuts locations, and includes the intellectual property related to MasterCuts and certain other trade names and 250 Regis Salons and Supercuts salons in the U.K.
The Ropes & Gray team was led by mergers & acquisitions partner Paul Scrivano and mergers & acquisitions associate Sarah Young.