Riata Capital Group Invests In Salon Republic, A Leading Provider Of Salon Suite Services To Beauty Care Professionals
Dec 12, 2022•over 2 years ago
Investors
Abry PartnersSkm Growth Investors, LlcParallel Investment Partners, LlcBrazos Private Equity Partners, LlcRiata Capital Group
Description
Riata Capital Group ("RCG" or "Riata"), a Dallas-based private equity investment firm, today announced that it has made a strategic investment in Salon Republic ("Salon Republic" or the "Company") in partnership with Founder and CEO Eric Taylor and the Company's management team. West Coast-based Salon Republic is a leading operator of company-owned salon suites that provides individual salon studio venues and value-added services to beauty care professionals ("BCPs") in upscale environments in well-located, professionally managed locations. Riata's investment will support Salon Republic's accelerated geographic expansion and strategic growth plans.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers