Date
Jan 2023
Region
Arizona
We are pleased to share the sale of our client, Peaceful Massage, Inc. (dba Elements Massage Phoenix-Camelback), to a Private Investor. The acquisition closed January 18, 2023.
Founded in 2014, Elements Massage Phoenix-Camelback (EMPC) operates an Elements Massage therapy studio franchisee. Services are provided to individuals at both member and non-member rates. Gift cards are also offered.
Membership fees are collected monthly by ACH and provide members a monthly massage at a discounted rate, with more sessions available at discounted rates should the client desire. Payments for non-member therapy as well as for additional member therapy sessions are collected at the time of service.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Senior M&A Advisor, Chuck Canli, with support from Managing Director - M&A, Chad Comroe, successfully closed the deal. Executive Managing Director Thomas Braun established the initial relationship with EMPC.
“This was the perfect acquisition for the Buyers. It fit nicely into their portfolio of operating companies. Our client was able to smoothly transition into retirement. Congratulations to all!” said Canli.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Retail M&A Deals page.
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