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Miami investment firm acquires national wellness amenities operator with over 230 locations

Acquisition adds platform generating over $160 million annually

A Miami investment firm is making a push into luxury wellness with a new acquisition — and it adds a sizable national platform.

By Courtney Danielle Moore, reporter, South Florida Business Journal

Flax Group of Companies, a Miami-based global investment firm, is expanding its push into luxury wellness with the acquisition of a national amenities operator, adding a platform with more than 230 locations and over $160 million in annual revenue.

The firm announced the acquisition on April 22.

Source: Miami investment firm acquires national wellness amenities operator with over 230 locations