Soham Inc. /
Regis Corporation
Soham to buy Regis salon software business
- Terms
- Not stated
- Stage
- Agreement signed
What happened
Soham Inc. agreed to acquire Regis Corporation’s Opensalon Pro software-as-a-service solution. The transaction includes salon technology used for customer booking, salon management, point-of-sale, reporting and business intelligence.
Consideration includes $20,000,000 in cash payable at closing and $19,000,000 contingent on salon migration to Zenoti. Closing is subject to specified conditions, including the release of liens and receipt of third-party consents.
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Soham to buy Regis salon software business
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