Bulletin

Teesside salon a cut above with expansion

A Teesside-based salon business is adding a fourth operation to its portfolio after securing funding from Santander. Founded in 2006 by Nigel Baylin and Sarah Hunt, Deep Hairdressing currently has three salons in the Teesside area. The funding from Santander Corporate & Commercial will be used to purchase Artemis NE, a pre-existing salon in Yarm. The deal will both secure the roles of the current staff at the salon and offer additional local employment opportunities. Baylin said the new operation is 'ideally positioned to provide further growth to the business'. Paul Griffiths, director at Marlin Commercial Ltd, which advised Deep Hairdressing on its acquisition, added: 'Nigel, Sarah and the team are growing a strong brand locally with Deep. They employ and train some fantastic, talented stylists, who regularly work on top events in London and have positioned themselves in a niche market, offering a high quality service at a great price. The latest move into Yarm High Street will, I'm sure, prove successful.'

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

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