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New Deal


Announced

PlayBoy agreed to acquire Honer Bridette for $333m.

Financials

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Transaction Value£239m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Australia

Clothing and Accessories

Cross Border

lingerie brand

Single Bidder

Private

Pending

Friendly

Acquisition

Synopsis

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PlayBoy, a pleasure and leisure lifestyle company, agreed to acquire Honer Bridette, a luxury lingerie and lifestyle brand, for $333m. “When I founded Honey Birdette 15 years ago, my ambition was to build a brand for women, by women; a brand that would serve as a platform for confidence and sexual and body empowerment. I am immensely proud of everything we’ve accomplished – with 60 thriving stores across three countries – powered by 350 fierce female ambassadors. Today is a momentous and proud day for the Honey Birdette team as we enter into partnership with one of the world’s most iconic brands and the lifestyle platform it represents. I’m thrilled to join Ben and the whole PLBY Group team on a mission to build a lifestyle of pleasure for all,” Eloise Monaghan, Honey Birdette Founder and Managing Director.

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