European Wax Center to Be Acquired by General Atlantic

European Wax Center, Inc. will be acquired in a merger involving Glow Midco, LLC and its merger subsidiaries, which are affiliates of General Atlantic, L.P. The proxy materials describe a two-step structure with a corporate merger and an LLC merger.

At the effective time, each share of European Wax Center Class A common stock (excluding certain shares) will be cancelled and converted into the right to receive $5.80 per share in cash. The special meeting is scheduled for May 7, 2026, and the transaction is presented for stockholder approval.