Trending...
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities: ASTI
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
ANN ARBOR, Mich., March 19, 2024 ~ Franworth, a leading franchise development firm, has recently announced the sale of its holdings in The Lash Lounge to Riverside Capital. This sale marks the anchor for Riverside's new boutique beauty platform. The partnership between Franworth and The Lash Lounge founder, Anna Phillips, began when the business was just a small, locally owned and operated company with six units in Dallas, Texas. With Franworth's support, The Lash Lounge has grown from six to over 130 open units and an additional 140 units sold.
Dave Keil, former CEO of The Lash Lounge and partner at Franworth, expressed his honor in being Anna's first CEO. Together with Franworth, they were able to grow the company from 19 to 61 units in their first year and have continued to support Anna and her team ever since. Keil also shared his excitement for this new chapter in The Lash Lounge's growth journey and wished them all the best.
The success of this growth journey can be attributed to the current CEO of The Lash Lounge and board member of the International Franchise Association (IFA), Meg Roberts. Roberts acknowledged the vision of Anna Phillips, the support from Franworth, and the exceptional leaders and franchisees she has had the privilege to lead every day.
More on Michimich.com
In addition to this exit from The Lash Lounge, Franworth has re-capitalized and refocused its mission. Founder and CEO John Rotche stated that their mission is to create brighter futures for founders, franchisor teams, and most importantly, entrepreneurs who join their family as franchisees of their many brands. As part of this re-capitalization process, Paul Blavin has joined as a partner alongside Drew Brees, John Rotche, and Dave Keil. Blavin is a fellow Michigan alumnus who shares Franworth's passion for their mission.
Blavin expressed his honor in joining such a sacred mission of creating exceptional opportunities for extraordinary entrepreneurs. He believes that Franworth is uniquely positioned to bring this mission to life. Franworth also took the opportunity to thank its original partners, Rick Washburn, the late Tom Lyons, David Barr, and Guideboat Capital for their support and contributions to the business.
In addition to these changes, Franworth has also announced its re-organization into a leader-led organization. John Rotche will remain as Founder and CEO, while Dave Keil will continue as President. The executive team also includes Jennifer Fields as COO, Megan Conway as CMO, Jonathan Koudelka as General Counsel, and Dave Taccolini as CAO. The team has also welcomed Leo Blavin to lead new business growth for Franworth Supply Chain.
With these changes in place, Franworth is confident in its ability to continue creating exceptional opportunities for entrepreneurs and fulfilling its mission of creating brighter futures for all those involved in their franchise family.
Dave Keil, former CEO of The Lash Lounge and partner at Franworth, expressed his honor in being Anna's first CEO. Together with Franworth, they were able to grow the company from 19 to 61 units in their first year and have continued to support Anna and her team ever since. Keil also shared his excitement for this new chapter in The Lash Lounge's growth journey and wished them all the best.
The success of this growth journey can be attributed to the current CEO of The Lash Lounge and board member of the International Franchise Association (IFA), Meg Roberts. Roberts acknowledged the vision of Anna Phillips, the support from Franworth, and the exceptional leaders and franchisees she has had the privilege to lead every day.
More on Michimich.com
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment
- Lore Link is Here to Help Organize Your Game
- Chappaqua's Annual Townwide Summer Sale – Unbeatable Savings at Your Favorite Local Boutiques!
- Skyline Partners with ZenSpace to Offer Private Meeting Pods for Trade Show Exhibitors
- Michigan Collection Company Gives Tips for Enforcing Payment Plans
In addition to this exit from The Lash Lounge, Franworth has re-capitalized and refocused its mission. Founder and CEO John Rotche stated that their mission is to create brighter futures for founders, franchisor teams, and most importantly, entrepreneurs who join their family as franchisees of their many brands. As part of this re-capitalization process, Paul Blavin has joined as a partner alongside Drew Brees, John Rotche, and Dave Keil. Blavin is a fellow Michigan alumnus who shares Franworth's passion for their mission.
Blavin expressed his honor in joining such a sacred mission of creating exceptional opportunities for extraordinary entrepreneurs. He believes that Franworth is uniquely positioned to bring this mission to life. Franworth also took the opportunity to thank its original partners, Rick Washburn, the late Tom Lyons, David Barr, and Guideboat Capital for their support and contributions to the business.
In addition to these changes, Franworth has also announced its re-organization into a leader-led organization. John Rotche will remain as Founder and CEO, while Dave Keil will continue as President. The executive team also includes Jennifer Fields as COO, Megan Conway as CMO, Jonathan Koudelka as General Counsel, and Dave Taccolini as CAO. The team has also welcomed Leo Blavin to lead new business growth for Franworth Supply Chain.
With these changes in place, Franworth is confident in its ability to continue creating exceptional opportunities for entrepreneurs and fulfilling its mission of creating brighter futures for all those involved in their franchise family.
Filed Under: Business
0 Comments
Latest on Michimich.com
- Get Your Cowboy Boots On! Causeway Country BBQ Music Festival Kicks Off September 12–14 in Ft. Pierce
- Retired Hobbyist Launches Bold Weekly Album Project Using AI Songwriting Tools
- DimHum Launches Revolutionary CrowdShipping Service
- Eolian Signs New Information Exchange Agreement with the U.S. Department of Defense for Technology Innovation
- Infinite Health Introduces Cutting-Edge Regenerative Medicine for Wound Care with Trip Goolsby, MD
- Top Dentist Concord CA, Smile Makers Dental Care, Celebrates 500 5-Star Reviews
- Bio-Inspired Technology-Dynamic and Adaptable for unknown real-world environments
- 'Public Speaking Without Panic' Launches to Help Leaders Speak with Confidence
- Michael Reafsnyder opens solo exhibition at Scott Richards Contemporary Art in San Francisco
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Rocket Companies Completes Acquisition of Redfin
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
- NEW CHILDREN'S BOOK RELEASE: "Mommy, Where Is My Daddy?" by Tracy L. Gray
- UNIVERSAL MUSIC GROUP AND THE UCLA HERB ALPERT SCHOOL OF MUSIC ESTABLISH THE BERRY GORDY MUSIC INDUSTRY SCHOLARSHIP TO HONOR THE LEGACY OF A MUSIC PIONEER
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)