Sola Salons Announces Acquisition Of Nine New Corporate Owned Locations

By: Sola Salons | 0 Shares 467 Reads

Salon Studio Concept Welcomes Nine Locations to Corporate Portfolio

September 16, 2021 // Franchising.com // DENVER, Colo. - Sola Salons, a salon studios franchise, announced today that it has successfully purchased eight units in the Sacramento market from a former Sola franchise owner. The units will now be integrated into the Sola home office’s corporate portfolio, which includes locations across Denver and the front range in Colorado and Orange County. In addition to these eight Sacramento locations, the Sola home office team is also welcoming a new Denver location that will be a conversion from a former Blue Lion Salon Studios.

The eight Sacramento locations were formerly owned and operated by Sola Sacramento, a longtime franchise group led by Aaron Ramsey, Lara Ramsey, and Paul Kirby. This group of early franchise owners dedicated the past 15 years to growing Sola’s presence across the Sacramento market and developing strong and successful operations at each location. Sola also added a Denver unit to the home office’s corporate portfolio through an acquisition from competitor brand, Blue Lion Salon Studios. Three additional units were purchased from Blue Lion Salon Studios by existing franchise owners in the Houston and Dallas-Fort Worth areas. All nine new locations acquired by corporate will be managed by the corporate unit operational team under Jeremy Tebo, vice president of corporate operations at Sola Salons.

“We are incredibly excited to welcome these locations into our corporate portfolio and are tremendously grateful to the Sola Sacramento team in particular for their dedication to the brand for more than 15 years,” said Christina Russell, CEO of Sola Salons. “Their commitment to excellence has led to great performance by all of these locations and we look forward to continuing to build upon the success they established with these newly acquired units. With this acquisition, as well as the purchase and conversion of a competitor location in Denver, we look forward to continuing to add to our corporate owned unit portfolio and experience exciting growth alongside our network of Sola franchise owners.”

“With our acquisition of multiple Blue Lion locations, we’re learning how to integrate competitor units into the Sola brand. We’ve welcomed the professionals into the Sola community, giving them immediate access to our proprietary technology and resources,” said Jordan Levine, COO of Sola Salons. “We look forward to facilitating more successful acquisitions in our foreseeable future.”

SOURCE Sola Salons

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