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Blo Blow Dry Bar Announces Acquisition Of Mync Beauty Inc.

PRIVATEOct 12, 2022

Acquiring Company

Blo Blow Dry Bar

Acquired Company

MYNC

TorontoE CommerceFashionBeautyLifestyleHospitalityE CommerceFashionLifestyle

Description

Blo Blow Dry Bar, North America’s original blow dry bar, announced today that it has acquired Canadian-owned MYNC Beauty Inc. (MYNC), a premier brow and lash bar with six locations across the GTA. The acquisition paves the way to also announce the introduction of the new MYNC franchise system for entrepreneurs looking to own their own business in the beauty industry. As an industry leader, Blo is also amongst the top five Canadian-founded retail brands operating in the U.S. today when measured by store count.

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Company Information

Company

Blo Blow Dry Bar

Location

Toronto, Ontario, Canada

About

Blo Blow Dry Bar is North America’s original blow dry bar and blow dry bar franchise. The company transformed beauty norms and reinvented the salon industry when it launched the “no cuts, no color” concept: only blow outs. Since opening its first location in Canada in 2007, Blo has grown to over 140 locations across the U.S. and Canada and continues to expand rapidly. With a mission to enhance the lives of those in the community through the power of flawless blow outs and beauty services, Blo Blow Dry Bar offers perfectly styled hair and exceptional customer experiences seven days a week.

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Frequently asked

Who acquired MYNC?

MYNC was acquired by Blo Blow Dry Bar, based in Toronto. The deal was reported on October 12, 2022. Blo Blow Dry Bar is North America’s original blow dry bar and blow dry bar franchise. Blo Blow Dry Bar is privately held and operates in E Commerce.

When did Blo Blow Dry Bar acquire MYNC?

Blo Blow Dry Bar's acquisition of MYNC was reported on October 12, 2022. Blo Blow Dry Bar, North America’s original blow dry bar, announced today that it has acquired Canadian-owned MYNC Beauty Inc. (MYNC), a premier brow and lash bar with six locations across the GTA. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MYNC do?

MYNC is Canada’s largest multi-location brow & lash bar and continues to expand rapidly. Since opening its doors in 2011, the company has offered something revolutionary and very simple: lush lashes and a rescue for beleaguered brows. It is privately held, operating in Hospitality.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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