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New Deal


Announced

Completed

L Catterton completed the acquisition of Thorne HealthTech for $680m.

Financials

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Transaction Value£540m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium94%
One Off Charge-

Tags

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science-driven wellness company

Recreational Services

Acquisition

Majority

Public

Friendly

United States

Domestic

Private Equity

Single Bidder

Completed

Synopsis

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L Catterton, a private equity firm that invests in all major consumer segments, completed the acquisition of Thorne HealthTech, a science-driven wellness company, for $680m. "As consumer investors, we closely follow enduring secular trends, including the consumer's increasing prioritization of health and wellness. As we begin this partnership with Thorne, returning this leading clinical brand to the private market, we look forward to focusing our resources and strategic planning on executing on Thorne's vision of delivering clinically backed outcomes utilizing specialized health tests and personalized supplement and wellness programs to patients around the globe," Marc Magliacano, L Catterton Co-Managing Partner of the Flagship Fund.

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