Drybar Receives Minority Investment from Roark Capital Group

drybarDrybar, a premier blow dry bar specializing in blowouts, received a minority investment from private equity firm Roark Capital Group.

The terms of the transaction were not disclosed.

The company will use the proceeds to expand across the globe.

Founded in 2009 by Alli Webb and Michael Landau and led by John Heffner, CEO, Drybar is a premier blow dry bar specializing in blowouts with no cuts and color. It also offers a line of professional hair care products and styling tools at its stores, as well as online and through retail partners.
With more than 60 locations across the country, including New York, Los Angeles, San Francisco, Chicago, Dallas, Philadelphia, and Washington D.C., the brand will soon open in Las Vegas on July 1, 2016.

FinSMEs

27/06/2016

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