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đź”´ PRIVATE EQUITY OWNED
Supercuts
hair salon · Minneapolis, MN
PE Firm
Regent LP
Acquirer
Regis Corporation
Year Acquired
2023
“Asset-stripped into a franchise-only husk that's closing 443 salons a year.”
The PE Playbook
- •Parent Regis Corp transferred operations to PE firm Regent LP in 2017, shifting to 'asset-light' model — code for offloading risk to small operators
- •Regis UK collapsed into administration in 2023, putting 220 salons and 1,200+ jobs at risk
- •Closed 443 franchise locations in 2025 alone, with over 100 closures per year every year since 2020
- •Regis bought back 314 salons for just $22 million from its own largest franchisee after the operator wanted out entirely
Since the Acquisition
- ▸Closed 443 franchise locations in 2025 alone — the chain has shuttered over 100 locations every year since 2020
- â–¸Total location count dropped from 2,264 to 2,060 in a single year
- â–¸UK operations under Regent LP collapsed into administration entirely, wiping out the brand's presence
- â–¸Consumer ratings cratered to 1.5 stars with recurring complaints about uneven cuts and difficulty finding competent stylists