The two startups have developed strong complementary expertise in the BeautyTech sector: Flexy is the leader in SaaS salon management software dedicated to beauty professionals and LeCiseau is the leading online booking platform for hair salons in France.
Post-merger Kiute serves 10,000 salons (5,500 beauty salons + 4,500 hairdressing salons) and 250,000 online bookings per month. Kiute is France’s digital beauty market leader.
IDEACT conducted the legal & tax due diligence for the two startups.
Counsels : Maud PARTOUCHE – Carole HADRYS
Press Release : https://www.forbes.fr/entrepreneurs/leciseau-et-flexy-fusionnent-pour-devenir-le-leader-francais-de-la-beautytech-avec-kiute/
https://www.cambonpartners.com/fr/transactions/flexy-merges-with-le-ciseau
https://newfundcap.com/company/kiute