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Stock impact report

Zenoti Acquires Supersalon to Consolidate Leadership in Salon and Spa Software

European Wax Center, Inc. - Class A (EWCZ) 
Company Research Source: PR Web
BELLEVUE, Wash. (PRWEB) September 13, 2021 Zenoti, the leading SaaS provider in the beauty, wellness and fitness space, today announced that it has completed the acquisition of SuperSalon software. SuperSalon has been a trusted brand for some of the largest salon chains for the past 22 years. The acquisition follows Zenoti's Series D funding round where it was valued at over $1.5 Billion, and further enhances Zenoti's leadership position as the software of choice for salon, spa and medspa chains. With the industry reopening after COVID shutdowns, many salons and spas are looking for software that provides modern features like mobile bookings, a reception-less environment, and contactless payments. As a result, Zenoti has seen unprecedented growth, and the company's continued investment in growth and innovation further cements their position as an industry leader."Customers expect innovation, and innovation needs scale," said Sudheer Koneru, CEO of Zenoti. "Like Zenoti, SuperSalon is Show less Read more
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