View more facts > About NCP Value and Values Market Opportunity Investment Focus Defining the Field Creating Value Power of Partnerships Managing Directors Principals Associates Accounting/Finance Operating Advisors Overview Current Portfolio Companies Historic Portfolio Companies		Red Door Spa Holdings Red Door Spa Holdings was established in May 2000 through the merger of the salon and spa industry's two largest and most recognized companies, Elizabeth Arden and Mario Tricoci. Today, Elizabeth Arden Salons is the world's leading operator of prestige salons and day spas, offering high-end services and premium products at more than 110 salons and day spas located in major cities across the country, including New York, Chicago, San Francisco, Washington, D.C., Dallas and Phoenix. The company's salons and day spas operate under the Red Door and Mario Tricoci brand names. Facilities include freestanding, resort and department store day spas and salons. North Castle Partners, the nation's leading private equity firm focused on the Healthy Living & Aging market-place, led the merger of the Arden and Tricoci businesses and is helping the company take advantage of operating synergies in three important areas: revenue, including branding, value-added services and productivity; costs, including retail product costs, purchasing leverage and corporate G&A; and operations management, including recruiting, training, design and financial controls. Consumers made over 95 million visits to spas in 2000, and the number of days people have spent at spas has doubled in the past five years. The day spa and salon industry, a $14 billion market, is growing at double-digit rates but remains highly fragmented. The Red Door Management team is strengthening its national infrastructure to further build and leverage market leadership in this rapidly growing industry. As the industry grows, Elizabeth Arden Salons is committed to redefining the industry benchmark by setting the highest standards of excellence and innovation and by serving new demographics and psychographics that complement both the Elizabeth Arden and Mario Tricoci brands. Websites www.reddoorsalons.com www.elizabethardensalons.com www.tricoci.com
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