Beauty Industry Group (BIG), along with Gauge Capital, announced they have purchased the assets of HaloCouture, the creator of the popular Halo hair extension system.
“We have long admired the HaloCouture team for what they have accomplished over the past 8 years. From the early days of hand-sewing Halo products in the garage to building a solid salon network of more than 5,000 salons across the country, HaloCouture has been a class act and top-notch competitor,” says BIG CEO Derrick Porter. “We’re also thrilled to welcome Josh Owens (president of HaloCouture) to the BIG team where he will continue to run the company. I’ve met very few people who have the work ethic and devotion to a mission as does Josh; he will be an amazing partner.”
Consistent with BIG’s strategy, HaloCouture headquarters will remain in Southern California.
“HaloCouturehas always believed in the salon professional and has sought to create and promote a product that could benefit tens of thousands of hairdressers,” says Owens. “Now with our joining the BIG family this effort will be amplified and allow for our products to reach the stylists faster, more efficiently, and at a greater scale than ever before.”
Established in 2010, HaloCouture created the Halo hair extension system and has successfully garnered a salon base of more than 5,000 active salons throughout North America.