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Announced

Completed

Biote went public via a SPAC merger with Haymaker Acquisition III in a $737m deal.

Financials

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Transaction Value£555m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

hormone therapy

Acquisition

Private

Majority

Friendly

De-SPAC

Health Care Services

Cross Border

Canada

Reverse Takeover

Completed

Merger

Synopsis

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Biote Holdings, a hormone therapy services provider, went public via a SPAC merger with Haymaker Acquisition III, a special purposes acquisition company, in a $737m deal. “Biote has a huge opportunity to enable physicians to help this highly underserved patient population take greater control of their health. Biote is committed to educating and empowering providers to effectively treat patients and help them understand the critical role that hormones play in healthy aging. We welcome Haymaker as partners and look forward to the role our status as a public company will play in increasing access to, and awareness of, our leading hormone therapy practice-building business," Terry Weber, Biote CEO.

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