M&A Deal Summary

Painting with a Twist Acquires Pinot’s Palette

On September 4, 2024, Painting with a Twist acquired leisure company Pinot’s Palette from FranchiCzar

Acquisition Highlights
  • This is Painting with a Twist’s 1st transaction in the Leisure sector.
  • This is Painting with a Twist’s 2nd transaction in the United States.
  • This is Painting with a Twist’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-09-04
Target Pinot’s Palette
Sector Leisure
Buyer(s) Painting with a Twist
Sellers(s) FranchiCzar
Deal Type Divestiture

Target

Pinot’s Palette

Tomball, Texas, United States
Pinot’s Palette is an upscale paint-and-sip franchise that creates a unique, rewarding experience while providing a worthwhile contribution to the community. Guests enjoy a no-experience-required art class all supplies are included and directed by trained, local artists who guide guests step-by-step through a featured painting. Pinot’s Palette is based in Tomball, Texas.

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Buyer(S) 1

Buyer

Painting with a Twist

Mandeville, Louisiana, United States
Category Company
Founded 2007
Sector Media
DESCRIPTION

Painting with a Twist is a paint and sip industry. Painting with a Twist offers live painting events accompanied by wine or cocktails with in its studio locations. Painting with a Twist was founded in 2007 and is based in Mandeville, Louisiana.

DEAL STATS #
Overall 2 of 2
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-18 Bottle & Bottega

Chicago, Illinois, United States

Bottle & Bottega is an art and wine concept with 20 studios in nine states. Bottle & Bottega was founded in 2009 and is based in Chicago, Illinois.

Buy -

Seller(S) 1

SELLER

FranchiCzar

Pearland, Texas, United States
Category Company
Sector Business Services
DESCRIPTION

FranchiCzar is a developer of betterment brands in the education, entertainment, creativity, and fitness industries and a provider of software and services that help franchise brands scale their growth and operations. The company offers an end-to-end ecosystem in which franchise brands can thrive, pairing its FranchiCzar Operating System (FCOS) with a suite of services, including franchise development, marketing, operations, and technology. FranchiCzar is based in Pearland, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-27 Pinot’s Palette

Tomball, Texas, United States

Pinot’s Palette is an upscale paint-and-sip franchise that creates a unique, rewarding experience while providing a worthwhile contribution to the community. Guests enjoy a no-experience-required art class all supplies are included and directed by trained, local artists who guide guests step-by-step through a featured painting. Pinot’s Palette is based in Tomball, Texas.

Buy -
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