Garnett Station Partners Signs Development Agreement with Massage Envy and Forms Cambridge Spa Group to Acquire Massage Envy Franchise Locations throughout the Southwestern United States

RENO, Nev., Nov. 13, 2017 /PRNewswire/ -- Garnett Station Partners ("GSP") today announced the formation of Cambridge Spa Group ("CSG") to acquire and build Massage Envy franchise Locations throughout the Southwestern United States.  

Garnett Station Partners has a strong track record of building franchisee consolidators in leading franchise brands. The firm has built successful growth platforms in the Burger King, Maaco, and Popeyes franchise systems. Massage Envy will be the fourth franchise brand in GSP's growing portfolio.  "We believe that Massage Envy is an incredible brand with a strong position in the growing wellness category. We are extremely excited to work with Massage Envy's strong management team to continue to build the Massage Envy business in the Southwestern United States," said Matt Perelman, co-Founder and co-Managing Partner of Garnett Station Partners.

CSG has purchased 8 Massage Envy franchise locations in Nevada and California from experienced Massage Envy franchisee Klaus Grimm. Grimm, a well-respected operator with extensive knowledge of the brand, will maintain an ownership position and continue to actively manage the Massage Envy business as CSG's President. Uri Kenig, Operating Partner at Garnett Station Partners, will oversee Cambridge Spa Group as its CEO. "Klaus has built a phenomenal business and is one of the strongest operators in the Massage Envy system. We are excited to partner with him to grow our Massage Envy footprint throughout the Southwest," said Uri Kenig.

"I have enjoyed working with the Garnett Station team on this transaction and believe in the growth vision for Cambridge Spa Group," added Klaus Grimm.

Cambridge Spa Group's leadership team plans to grow the business through acquisitions, remodels and new development. The group is seeking to grow in Arizona, California, Nevada and Texas.

About Garnett Station Partners
Founded in 2013 by Managing Partners Matt Perelman and Alex Sloane, Garnett Station Partners focuses on growing consumer-facing businesses. The firm has established a successful track record of partnering with franchisors, highly motivated entrepreneurs and experienced management teams to create value.  

About Massage Envy
Massage Envy, based in Scottsdale, Arizona, is a national franchisor and, through its franchise locations, is the leading provider of therapeutic massage and skincare services, and proprietary assisted stretching service, Total Body Stretch. The Massage Envy franchise system is, collectively, the largest employer of massage therapists and estheticians, with more than 35,000 dedicated wellness professionals that provide best-in-class service to over 1.65 million members. Founded in 2002, Massage Envy has more than 1,170 franchise locations in 49 states that have together delivered more than 100 million massages and facials. For more information, visit www.massageenvy.com, or follow us on Twitter @MassageEnvy and Facebook www.facebook.com/MassageEnvy.

Contact
Amanda Gualtieri
Fishman PR for Massage Envy
847.945.1300  ext. 248
agualtieri@fishmanpr.com

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SOURCE Massage Envy