Legacy Franchise Concepts (LFC) has appointed Rachel Lee, former Private Equity Partner at Ares Management, to its Board of Directors. Lee will play a key role in guiding the strategic expansion of SweatHouz, a boutique wellness and contrast therapy brand under the LFC umbrella. With nearly 15 years of experience at Ares Management, Lee brings valuable expertise in high-growth multi-unit consumer businesses and partnerships with founder-led companies.
LFC Chairman, CEO, and Founder Jamie Weeks, a prominent figure in franchising, expressed excitement about the partnership with Lee, highlighting their shared vision for innovation in the wellness industry. Weeks’ previous achievements include being the largest global franchisee of Orangetheory Fitness and owning Dogtopia, showcasing his expertise in multi-unit franchise concepts.
“We are thrilled to welcome Rachel Lee to the LFC Board,” said Jamie Weeks. “Her strategic insights and extensive industry experience will be crucial as we expand SweatHouz’s footprint. This partnership marks a significant step forward in our mission to provide exceptional wellness solutions globally.”
Lee also expressed enthusiasm about joining the LFC team and contributing to the growth of SweatHouz. She emphasized the importance of collaboration and leveraging their combined efforts to achieve remarkable success.
In addition to Lee’s appointment, Jeff Teschke, Partner at Prospect Hill Growth Partners, praised the progress made by LFC and SweatHouz, highlighting the potential for collaboration and success in overseeing consumer brands.
SweatHouz, a premier boutique wellness brand specializing in contrast therapy, is set to accelerate its expansion plans with Lee’s expertise. The brand offers a unique health and wellness experience through infrared saunas, cold plunges, and vitamin-C showers in a luxurious private suite environment. With 25 current locations and plans to open 100 more across 30 states in the next year, SweatHouz continues to lead the wellness industry with innovative solutions and strong unit economics.
Prospect Hill Growth Partners, a private equity firm focused on consumer and healthcare growth companies, is known for making successful control equity investments. With a history of investing in North American companies and a strong operational value-add model, Prospect Hill is looking forward to collaborating with Lee and the LFC team to drive further growth and success.
Overall, the partnership between LFC, SweatHouz, and Rachel Lee signifies a strategic move towards expanding the wellness brand’s footprint and delivering exceptional customer experiences in the industry. Through collaboration and expertise, the team aims to drive innovation and growth in the wellness sector.
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