European Wax Center is set to be acquired by General Atlantic in an all-cash deal valued at approximately $330 million. Under the terms of the agreement, General Atlantic, which already owns about 42% of the company’s outstanding shares, will purchase the remaining shares of class A common stock for $5.80 per share in cash. This price represents a 45% premium over the closing stock price on the day before the transaction was announced and a 51% premium over the 90-day volume-weighted average share price. The transaction, unanimously recommended by a Special Committee of independent directors, is expected to close in mid-2026, subject to approval by a majority of non-affiliated shareholders and regulatory approvals. Once completed, European Wax Center will become a privately held company and its class A common stock will no longer be publicly listed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. European Wax Center Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9651760-en) on February 10, 2026, and is solely responsible for the information contained therein.