M&A Deal Summary

Zenoti Acquires SuperSalon

On September 14, 2021, Zenoti acquired internet software and services company SuperSalon from Hunter Trust

Acquisition Highlights
  • This is Zenoti’s 1st transaction in the Internet Software and Services sector.
  • This is Zenoti’s 1st transaction in the United States.
  • This is Zenoti’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2021-09-14
Target SuperSalon
Sector Internet Software and Services
Buyer(s) Zenoti
Sellers(s) Hunter Trust
Deal Type Add-on Acquisition

Target

SuperSalon

Minneapolis, Minnesota, United States
SuperSalon is a software developer and multiple-location salon owner, SuperSalon was developed to be a complete business solution for both walk-in and appointment-driven salons and spas. SuperSalon was founded in 1999 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Zenoti

Bellevue, Washington, United States

Category Company
Founded 2010
Sector Software
DESCRIPTION

Zenoti is a developer of cloud-based enterprise software and embedded payments designed to empower the beauty and wellness industry. Zenoti was founded in 2010 and is based in Bellevue, Washington.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER
DESCRIPTION

Hunter Trust is a private investment group focused on acquiring majority interests in private companies. The Firm is sector agnostic but has a particular interest in healthcare services, energy services and equipment, outsourced utility services, telecom infrastructure, security monitoring, and business/industrial services. Hunter looks for owners seeking liquidity and focuses on businesses valued between $5 and $30 million. Hunter Trust was formed in 2000 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 6 of 6
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Minnesota M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-26 Eclipse Cash Systems

Chandler, Arizona, United States

Eclipse Cash Systems is a full-service ATM company, offering the wholesale ATM products and service specializing in: ATM Placement, ATM Processing (free), ATM Sales, Customized ATM Branding, ATM Business Consulting, Mobile Events & Venues, 24hr ATM Monitoring, and ATM Service. Eclipse Cash Systems was founded in 2003 and is based in Chandler, Arizona.

Sell -