ALDS - APPlife Digital Solutions Inc. Completes Asset and Operations Acquisition of LeSalon Beauty Ltd. | Benzinga
SAN FRANCISCO, Jan. 11, 2024 (GLOBE NEWSWIRE) -- APPlife Digital Solutions, Inc. (OTCQB:ALDS) ("APPlife", the Company"), a business incubator and portfolio manager that invests in and creates e-commerce and cloud-based solutions announced today that it has completed its acquisition of certain assets and operations of London, England-based LeSalon Beauty Ltd ("LeSalon") in a transaction consisting of APPlife Digital common stock and cash. APPlife will retain key members of LeSalon's leadership and technical teams as consultants ensuring a smooth transition and continuity of service for existing customers.
"We are very excited with the completion of the LeSalon asset acquisition and look forward to growing the current UK operation, as well as, introducing this valued beauty service model throughout the European Union and into the U.S. market and other strategic regions. The LeSalon brand is ready to lead the global beauty to you market," stated Matthew Reid, CEO of APPlife Digital Solutions, Inc.
LeSalon, a trailblazer in the beauty industry since its establishment in 2015, has been dedicated to revolutionizing the beauty experience by bringing it directly to the doorsteps of consumers. The innovative platform aims to reshape the landscape for beauty professionals, and with its expansion into the EU and U.S. markets, LeSalon is set to elevate the way beauty therapists and clients connect.
Utilizing a streamlined approach, both professional beauty therapists and clients can easily register through a user-friendly GPS-based app or directly on the LeSalon U.S. website. The ...