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M&A Deal Summary

Regis Acquires Pro-Cuts

On May 12, 2003, Regis acquired consumer services company Pro-Cuts from Opal Concepts for 10M USD

Acquisition Highlights
  • This is Regis’ 3rd transaction in the Consumer Services sector.
  • This is Regis’ 3rd largest (disclosed) transaction.
  • This is Regis’ 1st transaction in the United States.
  • This is Regis’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2003-05-12
Target Pro-Cuts
Sector Consumer Services
Buyer(s) Regis
Sellers(s) Opal Concepts
Deal Type Divestiture
Deal Value 10M USD

Target

Pro-Cuts

Minneapolis, Minnesota, United States
Pro-Cuts, Inc. owns and operates hair salons. Pro-Cuts offers cutting, hair coloring, shampoo and conditioning, blow-drying, and styling services.

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Buyer(S) 1

Buyer

Regis

Minneapolis, Minnesota, United States
Category Company
Founded 1922
Sector Consumer Services
Employees1,945
Revenue 203M USD (2024)
DESCRIPTION

Regis operates and franchises hairstyling and hair care salons for men, women, and children in the United States, the United Kingdom, Canada, and Puerto Rico. Regis was founded in 1922 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 3 of 9
Sector: Consumer Services M&A 3 of 7
Type: Divestiture M&A Deals 1 of 2
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2003 M&A 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-15 BoRics Haircare

Windsor, Ontario, Canada

BoRics Haircare provides hair cutting, styling, coloring, and treatment services with 350 salons in 24 states in the country.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-19 Holiday Hair Salons

Pennsylvania, United States

Holiday Hair Salons owns and operates beauty salons. Its services include hair cutting, coloring, and perming; body waxing; facials; massaging; and tanning.

Buy -

Seller(S) 1

SELLER

Opal Concepts

Anaheim, California, United States
Category Company
Sector Consumer Services
DESCRIPTION

Opal Concepts, Inc. engages in chain of hair salons. Company includes 90 owned and 196 franchised salons. Company include Carlton Hair International, Hair By Stewarts, American Hair Force and Haircuts Plus.

DEAL STATS #
Overall 1 of 2
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2003 M&A 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-12 Fantastic Sams International

Beverly, Massachusetts, United States

Fantastic Sams International Corp. ("Fantastic Sams") is a provider of full-service hair care franchise organizations, with over 1,300 salons located throughout the United States and Canada.

Sell -
Mergr

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