REGENT ACQUIRES INTERNATIONAL SALON BUSINESS FROM REGIS CORPORATION - BECOMES WORLD'S LARGEST OPERATOR OF LUXURY SALONS

Over 1,160 Salons and 10,800 Global Employees Join The Regent Family

Los Angeles, CA – October 30, 2017 - Following the acquisition of Regis Corporation’s (NYSE: RGS) North American mall-based salon business, The Beautiful Group (an affiliate of Regent LP) has completed the acquisition of the Regis International segment which includes 250 Regis and Supercuts salons in the United Kingdom. 

This transaction, along with the North American transaction completed on October 1st, 2017, brings over 1,160 salons and approximately 10,800 employees into the Regent portfolio. 

The Beautiful Group now operates a portfolio of over 30 salon concepts in the United Kingdom, Germany, Canada, and the United States. The operating brands include Regis Salons, Supercuts UK, Mastercuts, Carlton Hair and Hennessey among others. 

The Regis salon business was founded in 1922 and has been an industry leader in the beauty space for almost 100 years.

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