What is the name of My Salon Suite's immediate parent company?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
activity.
Our immediate parent company is Suite Management Holdings, LLC, a Delaware limited liability company ("SMH") that acquired us and our affiliates under an Equity Purchase Agreement dated June 25, 2021 (the "Transaction"). As a result of the Transaction, SMH became a wholly-owned subsidiary of Fastsigns Holdings, Inc. which was renamed Propelled Brands Holdings, Inc. ("PBHI") on December 28, 2021, to reflect the multi-brand nature of the company. On December 28, 2021, PBHI formed Propelled Brands Franchising, LLC ("Propelled Brands"), to serve as our immediate parent. SMH, PBHI, and Propelled Brands are Delaware corporations with a principal place of business at 2542 Highlander Way, Carrollton, Texas 75006-2333.
PBHI is an affiliate of (i) LightBay Capital, a private equity firm located at 11601 Wilshire Boulevard, Suite 2150, Los Angeles, CA 90025 ("LightBay"); and (ii) Freeman Spogli & Co., a private equity firm located at 11100 Santa Monica Boulevard, Suite 1900, Los Angeles, CA 90025 ("Freeman Spogli").
Our Affiliated Franchise Programs
We are affiliated with the franchise programs listed below through common control with either Propelled Brands Holdings, Inc., LightBay or Freeman Spogli. None of these affiliates have offered franchises in any line of business other than as listed below, and none of them have conducted a business similar to the My Salon Suite franchise that you will operate.
Propelled Brands owns FASTSIGNS International, Inc. ("FII"), the franchisor of FASTSIGNS branded businesses that specialize in selling, marketing, producing, installing, and repairing visual communications, including signs. FII is a Texas corporation located at c/o Propelled Brands, 2542 Highlander Way, Carrollton, TX 75006. FII, has been the franchisor of FASTSIGNS centers since April 1986, and as of December 31, 2024, there were 705 franchised FASTSIGNS centers operating in the United States and 84 franchised centers operating internationally.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–12)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the immediate parent company is Propelled Brands Franchising, LLC ("Propelled Brands"). Propelled Brands is a Delaware corporation with a principal place of business at 2542 Highlander Way, Carrollton, Texas 75006-2333.
Propelled Brands Franchising, LLC was formed on December 28, 2021, to serve as the immediate parent of Suite Management Franchising, LLC, which is the franchisor of My Salon Suite. This structure reflects a multi-brand approach, as Propelled Brands also has affiliations with other franchise programs through common control with Propelled Brands Holdings, Inc., LightBay Capital, or Freeman Spogli & Co.
My Salon Suite is also affiliated with GTN Capital Group, LLC, the franchisor for NerdsToGo franchises, and Camp Bow Wow Franchising, Inc., the franchisor for Camp Bow Wow businesses, through common control with Propelled Brands. Additionally, My Salon Suite is affiliated with The Boardroom Salon Company, LLC and KLPS, LLC, the franchisor of Boardroom Salon franchises, through LightBay.