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Is Hand & Stone Massage and Facial Spa Owned by Private Equity?

Yes — Hand & Stone Massage and Facial Spa is owned by Harvest Partners, which acquired it in 2022.

PRIVATE EQUITY OWNED

Hand & Stone Massage and Facial Spa

Includes Hand & Stone, Hand and Stone

spa & wellness · Trevose, PA

PE Firm
Harvest Partners
Year Acquired
2022

Easy to join, brutal to cancel. The massage membership now on its second PE owner.

What They Did

  1. Harvest Partners acquired Hand & Stone from Levine Leichtman Capital Partners in June 2022 — the chain's second PE owner
  2. Operates 600+ locations across 38 states and Canada, built on a membership subscription model
  3. The franchise model means PE profits from the system while individual franchise owners handle the customer complaints

Since the Acquisition

  • BBB complaints document customers charged for months after submitting cancellation requests — billing that keeps running while the paperwork sits unprocessed
  • Canceling requires calling during limited hours, visiting in person, or waiting out processing delays that complainants say stretch on while the charges continue
  • Unused session credits can expire if not used within specific windows, meaning customers who can't get appointments lose money they've already paid
  • What's marketed as an affordable luxury becomes a recurring charge that's hard to stop

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What people ask

Is Hand & Stone Massage and Facial Spa owned by private equity?

Yes. Hand & Stone Massage and Facial Spa is currently owned by Harvest Partners, which acquired it in 2022. Easy to join, brutal to cancel. The massage membership now on its second PE owner.

What happened to Hand & Stone Massage and Facial Spa after the acquisition?

BBB complaints document customers charged for months after submitting cancellation requests — billing that keeps running while the paperwork sits unprocessed Canceling requires calling during limited hours, visiting in person, or waiting out processing delays that complainants say stretch on while the charges continue

Who owns Hand & Stone Massage and Facial Spa?

Hand & Stone Massage and Facial Spa is owned by Harvest Partners, which acquired it in 2022.