{"id":161325,"date":"2026-02-12T08:48:22","date_gmt":"2026-02-12T08:48:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/161325\/"},"modified":"2026-02-12T08:48:22","modified_gmt":"2026-02-12T08:48:22","slug":"european-wax-center-to-go-private-in-330-million-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/161325\/","title":{"rendered":"European Wax Center To Go Private in $330 Million Deal"},"content":{"rendered":"<p>            <a href=\"https:\/\/usaherald.com\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_ups6muups6muups6-1.png\" data-caption=\"\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"453\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_ups6muups6muups6-1-696x453.png\"   alt=\"European Wax Center To Go Private\" title=\"Gemini_Generated_Image_ups6muups6muups6 (1)\"\/><\/a><\/p>\n<p data-start=\"185\" data-end=\"266\">European Wax Center is stepping off the public stage and back into private hands.<\/p>\n<p data-start=\"268\" data-end=\"542\">The Plano, Texas-based waxing services chain announced Tuesday that it has agreed to be acquired by longtime investor General Atlantic in an all-cash <a href=\"https:\/\/usaherald.com\/category\/u-s-news\/\" rel=\"nofollow noopener\" target=\"_blank\">transaction<\/a> valued at approximately $330 million \u2014 a move that will take the beauty brand private after years on the Nasdaq.<\/p>\n<p>A 45% Premium for Public Shareholders<\/p>\n<p data-start=\"586\" data-end=\"884\">Under the agreement, General Atlantic will purchase all outstanding Class A common shares it does not already own for $5.80 per share in cash, according to the company\u2019s statement. The offer reflects a 45% premium over Monday\u2019s closing price \u2014 the last full trading session before the announcement.<\/p>\n<p data-start=\"886\" data-end=\"1042\">Once the deal closes, expected in mid-2026 and subject to customary closing conditions, European Wax Center will delist its shares from the Nasdaq exchange.<\/p>\n<p data-start=\"1044\" data-end=\"1098\">In short: the curtain will fall on its public chapter.<\/p>\n<p>From 2004 Startup to 1,000+ Centers<\/p>\n<p data-start=\"1140\" data-end=\"1372\">Founded in 2004, European Wax Center has grown from a single concept into a national network of more than 1,000 franchised and company-operated locations across the United States. The company reported $951 million in sales for 2024.<\/p>\n<p data-start=\"1374\" data-end=\"1551\">Beyond its core out-of-home waxing services, the company markets a proprietary line of beauty products spanning skin care, body and eyebrow categories, according to its website.<\/p>\n<p data-start=\"1553\" data-end=\"1722\">The brand\u2019s expansion over two decades has made it one of the most recognizable names in specialty personal care \u2014 a scale that likely factored into the buyout calculus.<\/p>\n","protected":false},"excerpt":{"rendered":"European Wax Center is stepping off the public stage and back into private hands. The Plano, Texas-based waxing&hellip;\n","protected":false},"author":2,"featured_media":161326,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[160,162,161],"class_list":["post-161325","post","type-post","status-publish","format-standard","has-post-thumbnail","category-plano","tag-plano","tag-plano-headlines","tag-plano-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/161325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=161325"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/161325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/161326"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=161325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=161325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=161325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}