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Announced

Completed

Helen of Troy completed the acquisition of Recipe Products from BFG Partners for $150m.

Financials

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Transaction Value£116m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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haircare products

Completed

Acquisition

Cosmetics

Friendly

Majority

Cross Border

Private

Single Bidder

United Kingdom

Private Equity

Synopsis

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Helen of Troy, a designer, developer and worldwide marketer of consumer brand-name home, outdoor, health, wellness, and beauty products, completed the acquisition of Recipe Products, a provider of haircare products, from BFG Partners, a private equity firm, for $150m. “Helen of Troy has a talent for spotting exceptional indie brands that do things differently, and turbo charging them. So, from the get-go we knew that Curlsmith would be a compelling strategic fit. As a market-leading textured haircare brand, Curlsmith both complements and brings a new dimension to their already enviable prestige haircare portfolio," Michal Berski, Recipe Products Founder and CEO.

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