.
MergerLinks Header Logo

New Deal


Announced

Steiner Leisure to invest $75m in OneSpaWorld.

Financials

Edit Data
Transaction Value£56m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Recreational Services

wellness resort

United States

Acquisition

Private Equity

Minority

Friendly

Cross Border

Pending

Private

Synopsis

Edit

Steiner Leisure, a provider of spa services and skin and hair products on board cruise ships worldwide, is set to invest $75m in OneSpaWorld, provider of health and wellness services and products on-board cruise ships and in premium destination resorts around the world. Additional investors include L Catterton and Neuberger Berman Investment Advisers. “This investment substantially increases our financial strength and liquidity, and attests to investor confidence in our ability to weather this unprecedented crisis, rapidly rescale our operations, and resume our historical record of profitable growth. We are incredibly proud of our team’s resilience and dedication through this difficult time and their commitment to innovate new growth and value drivers as we emerge with even greater competitive strength," Leonard Fluxman, OneSpaWorld CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US