22-22 Jun 2024
Worldwide,
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22-24 Jun 2024
Las Vegas Convention Center,
Las Vegas,
United States
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22-24 Jun 2024
Las Vegas Convention Center,
Las Vegas,
United States
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23-25 Jun 2024
The Old Thorns Hotel & Resort,
Liphook,
United Kingdom
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08-10 Jul 2024
The Global Ambassador ,
Phoenix,
United States
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17-17 Jul 2024
Pennyhill Park ,
Bagshot,
United Kingdom
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28-29 Jul 2024
Southern Sun Rosebank,
Johannesburg,
South Africa
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03-05 Sep 2024
IMPACT Exhibition Center,
Bangkok,
Thailand
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| Massage Envy acquired by Roark Capital Group |
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| By Kath Hudson 14 Nov 2012 |
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US-based franchise Massage Envy is set for a new chapter following its acquistion by private equity firm, Roark Capital Group.
A specialist in franchising, Roark is a good fit for Massage Envy which is looking to grow its franchise business, which currently has 800 sites in 45 states.
Previously owned by Sentinel, Massage Envy is expected to provide more than 16 million treatments this year. Its ethos is to make professional spa services available at affordable prices and in convenient locations.
"We are thrilled to have Roark as a partner as we continue to grow the Massage Envy brand," says Dave Crisalli, Massage Envy's president and CEO. "Roark’s strong operational approach and deep consumer and franchise experience makes them an ideal partner for our leadership team, regional developers, franchisees and team members."
Roark's managing partner, Neal Aronson, says this acquisition is in line with its strategy of buying market-leading franchises with strong brands and differentiated service offerings. "We believe Massage Envy has significant opportunities to enhance its leadership position in the spa and massage industry."
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| News |
| 1 to 12 of 8735 news stories |
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14 Jun 2024
Hotels incorporating wellness amenities experienced a significant boost in Total Revenue per Available Room (TRevPAR) in 2023, according to the latest Wellness Real Estate Report by RLA Global, produced in partnership with P&L benchmarking firm ... More
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13 Jun 2024
The 2024 G7 Summit is now underway at a destination spa resort in Puglia, Italy, with leaders from Canada, France, Germany, Italy, Japan, the UK and the US convening to address some of the world’s ... More
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13 Jun 2024
Minor Hotels CEO Dillip Rajakarier has unveiled plans to introduce an innovative medi-wellness concept to the group's Anantara Hotels, Resorts and Spas brand, with ambitions to expand the concept to additional resorts in the future. ... More
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10 Jun 2024
Global Wellness Day (GWD) marked its 13th anniversary on Saturday, 8 June and was reportedly celebrated by a record-breaking 1 billion people worldwide, making it the most successful year yet. Founded in 2012 by Belgin ... More
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07 Jun 2024
Wellness industry figure Deepak Chopra is co-developing a new wellness community and resort focused on wellbeing and longevity in Utah’s Heber Valley, centred around natural geothermal springs. Named Ameyalli – an Aztec term meaning "a ... More
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06 Jun 2024
European health spa operator Ensana has announced the strategic appointment of Dr László Puczkó as senior health spa advisor. Established in 2019, Ensana manages 28 hotels across the Czech Republic, Hungary, Slovakia, Bulgaria, Romania and ... More
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05 Jun 2024
The Great Spa Towns of Europe (GSTE) has announced the successful approval of its funding application under the European Town Twinning Programme. This funding will support a year-long project named INTERSPACE, aimed at fostering intercultural ... More
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04 Jun 2024
According to new research from Ernst & Young, the gap between female and male engagement in sport and physical activity is narrowing, with Gen Z adult female engagement figures on the rise. The EY Sports ... More
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04 Jun 2024
North Wales’ four-star The Quay Hotel & Spa in the Deganwy Marina in Conwy has invested £1 million (€1.2 million, US$1.3 million) refreshing its 580sq m destination spa with new wellness facilities. Inspired by its ... More
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03 Jun 2024
Marriott is set to bolster its exclusive Ritz-Carlton Reserve portfolio with a brand new property in South America in Costa do Sol, Rio de Janeiro. The eco-luxury resort will open as part of the ambitious ... More
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30 May 2024
Developer Rockwell Island Development Group (RIDGE) has appointed five-star, global hospitality brand Banyan Tree to manage its new luxury island retreat in Bimini in the Bahamas. Immersed in nature and surrounded by pristine beaches, Banyan ... More
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29 May 2024
Reservations are now open for Mandarin Oriental’s second London hotel, Mandarin Oriental Mayfair, set to open on 3 June. The luxury establishment will feature 50 guestrooms, 77 private residences and a luxury underground spa retreat. ... More
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