Year: 2015

Industry: Beauty & Personal Care, Healthy Living, Specialty Retail

Service: Sell-Side M&A

Geography: North America

Financial Advisor to Hand & Stone on Sale to Levine Leichtman Capital Partners

Hand & Stone is the second-largest franchisor of massage facial spa services in North America, with over 200 locations across the U.S. and Canada. Hand & Stone franchisees offer massage, facials and hair removal services as well as skin care products. The company has a strong loyalty program and offers discounted subscription memberships. Hand & Stone was founded by John Franco in 2004.

The Levine Leichtman transaction provided the founder with substantial liquidity and strong support for accelerating growth of the franchise.

  • 2015

This transaction was completed by Financo professional while employed at previous firm, prior to Raymond James’ acquisition of Financo.