MKH Capital Partners Announces Platform Acquisition and Launch of Wax Center Partners

MIAMI, May 18, 2021 /PRNewswire/ — MKH Capital Partners, a family-backed, Miami-based private equity firm, announced today the launch of its European Wax Center (“EWC”) platform, Wax Center Partners (“Wax Center Partners”) with the acquisition of 11 locations in California.

Wax Center Partners is a partnership between MKH and the Stieber EWC franchise. “Today is an exciting day for the Stieber family and our associates. We are proud to announce that our European Wax Center journey continues with our new partnership with MKH. Their expertise, professionalism and financial strength will help us expand our footprint throughout the European Wax Center network,” commented Susan & Larry Stieber.

“The Stieber’s are tremendous operators and ambassadors of the brand,” commented David Berg, European Wax Center’s CEO.  “We are thrilled they have found a great capital partner in MKH and, together, will continue to focus on the importance of culture and delivering a best-in-class service to our guests.”

The Wax Center Partners team has defined a strong growth plan which Annette Rodriguez, Managing Partner at MKH Capital Partners highlighted by commenting that “European Wax Center is a category-leading brand that we are excited to continue growing through both new developments and additional acquisitions or partnerships in new and existing markets.”

Wax Center Partners is actively seeking opportunities to expand its footprint in new and existing markets. For more information on Wax Center Partners, please visit www.mkhpartners.com or contact Larry Stieber larry@stieberewc.com.