What company did My Salon Suite acquire on January 31, 2024?

According to the 2025 My Salon Suite Franchise Disclosure Document, on January 31, 2024, the company acquired 100% of Camp Bow Wow Franchising, Inc., a Delaware corporation. The agreement for this acquisition was dated December 14, 2023. Camp Bow Wow Franchising, Inc. is a franchisor of multi-unit pet care centers located across the United States and Canada, offering dog boarding and daycare services under the "Camp Bow Wow®" trademark and other intellectual property. The acquisition also included CBW Operating Inc., a Delaware corporation, which is a wholly-owned subsidiary of Camp Bow Wow Franchising, Inc. and operates Corporate Camps in Colorado.

In fiscal year 2023, My Salon Suite incurred $2,869,038 in related acquisition costs, which are reflected in selling, general, and administrative costs in the Consolidated Statement of Income. This indicates the financial impact of the acquisition on the company's overall expenses. The company evaluated subsequent events through April 26, 2023, which was the date the consolidated financial statements were available to be issued.

For a prospective My Salon Suite franchisee, this acquisition demonstrates the company's strategic initiatives to expand its portfolio beyond salon suites into the pet care industry. While seemingly unrelated to the core salon suite business, such diversification could potentially offer franchisees cross-promotional opportunities or indicate a broader vision for Propelled Brands Franchising, LLC, the parent company. However, it's important for potential franchisees to understand how these acquisitions might impact the resources and focus of the franchisor on supporting the My Salon Suite brand.