Tag: studio artist

Radiance Holdings, Owner of Sola Salons, Bought by TSG

~ Joseph Kellner

Private equity firm TSG Consumer Partners (“TSG”) has announced the acquisition of a majority stake in Radiance Holdings, a high-growth platform representing a collection of premier brands in the beauty, wellness, and self-care sectors. As part of the transaction, Radiance Holdings’ management team will continue to lead the company. Financial terms of the transaction were not disclosed.

The company, based in Denver, Colo., is committed to investing in its brands, driving innovation, and helping their franchisees and community of independent beauty professionals grow their businesses and improve their lives. Radiance Holdings’ current portfolio is approximately 85 percent franchised and includes the following brands:

  • Sola Salons: Founded in 2004, Sola Salons is the world’s largest and fastest growing salon studios franchise with approximately 650 locations across the U.S. and Canada as of December 2022. Sola Salons rents premium suites to individual beauty care professionals, providing them with more autonomy and better economics than traditional salons.
  • Woodhouse Spas: Founded in 2001, Woodhouse Spas is the largest premium day spa brand in the U.S. with approximately 80 locations across the U.S. as of December 2022. Woodhouse Spas feature a multi-modality platform, anchored by massage and skincare, which brings resort-level quality to convenient neighborhood locations.

“TSG has an impressive track record of building and scaling world-class beauty and franchising brands, and we are thrilled to work with them,” said Christina Russell, CEO of Radiance Holdings. “We couldn’t be more excited to leverage TSG’s resources and expertise as we look to expand our platform and enhance our value proposition for franchisees, beauty care professionals, and consumers across our portfolio. As we build on our momentum and the powerful growth opportunities ahead, it’s critical that we collaborate with a partner that understands our business and has been down a similar road many times with brands that we admire.”

“Radiance Holding is empowering a new generation of beauty professionals seeking to work independently and offer their clientele more control over their salon experience, a trend accelerated by the pandemic,” said Michael Layman, managing director at TSG. “Their portfolio of differentiated brands are exceeding consumer expectations and are well positioned for further growth.”

Pierre LeComte, managing director at TSG, said, “We look forward to partnering with Christina and the management team to continue scaling their national platform in beauty and personal care through a variety of initiatives, including thoughtful digital marketing efforts developed in collaboration with TSG’s Digital Team, accelerated franchise development, strategic acquisitions, and service line extensions.”

Free Advice For All

~ Joseph Kellner

Take Pride on how you present yourself. When you give your first impression it is very important. Set a example in your surroundings. Only you are responsible of how you want to be visually perceived.  Pressed shirts, Blouses, Trousers, Shined Shoes, Hair, Trimmed or Polished Nails, Tattoos, Jewelry are all areas people or your clients will perceive you. Customers will measure you initially by your outward presentation. Remember our profession is a art and craft. You need to express your own individualism.

Certain age groups you will attract by your appearance and also your age too.

When you do not use your talents where you are employed, or as a salon owner, or studio artist. You need to find a area where you can. You cannot spend hard earned money on schooling or advanced education. To come back to a atmosphere where you cannot utilize your skills. It is your responsibility to find your niche.

Your journey in life is very personnel and important. Do not let the others influence you. Fly straight and on your OWN course. There will be changes, but without these changes there will be no fun in the adventure.

If you feel professionally you are weak at some points, take charge of your weaknesses.  Always try to strive for perfection in what you are doing. Practice is the key. Also practice will give you all the answers. Take control of your fears. It is only you holding your back.