Levine Leichtman Capital Partners will announce later this morning that it has sold Hand & Stone Massage and Facial Spa, a franchisor and operator of spas offering massage, skincare and health and wellness services.
Before selling, LLCP waited for spa franchisor to prove it had bounced back from covid
“We wanted to get through 2021 to have a full year of non-covid impacted performance before exiting,” said LLCP’s Schwartz.
