Hudson Avenue Partners (“Hudson Avenue”) is pleased to announce that Alline Salon Group (“Alline” or the “Company”), a portfolio investment of Vision Growth Partners (“VGP”), has completed a refinancing transaction providing a highly flexible capital structure to support VGP’s continued operational investment into the platform and the future growth of the Company.
Hudson Avenue acted as exclusive financial advisor to VGP and the Company in arranging financing for the transaction.
Established in 2018, Alline Salon Group was formed via VGP’s acquisition of three distinct salon portfolios, totaling nearly 400 locations across the Midwest, from Regis Corporation (NYSE: RGS; “Regis”). Today, Alline operates as the largest Regis franchisee and has developed into a market leading provider of affordable hair care services under the Supercuts, Cost Cutters and Holiday Hair franchise brands. The Company excels at delivering high-quality salon services in a stylish and enjoyable environment at an affordable price point for all guests. This unique customer experience is only accomplished through the efforts and pride of the employees who work across Alline’s vast footprint of salons.
For additional information, visit www.allinesalongroup.com.
Based in Bloomfield Hills, MI, Vision Growth Partners is a lower, middle-market private equity firm focused on the acquisition of small and mid-cap companies with a specialty in the consumer-facing sector including retail, healthcare, professional services and sales organizations. Vision Growth invests in companies on a trajectory of growth and operators who demonstrate high integrity, tenacity, strong values and an appreciation for a culture of openness. This people-centric approach is demonstrated through excellent customer responsiveness and a positive relationship between customers and team members. As entrepreneurs, Vision Growth supports its portfolio of companies by being open to discussing pain points, trying new tactics and creating a strategy for growth and ultimately the game plan to success.
For additional information, visit www.visiongrowthpartners.com.