Catterton $925 million acquisition of Steiner Leisure

21/8/2015
Acquisition finance, Public acquisition

$ 925 million

Completed

21/8/2015


Overview:

  • Catterton, a private equity firm, has acquired Steiner Leisure, a company which focuses on beauty, wellness and education.
  • The shares were priced at $65 a share, and the transaction was valued at $925 million. 
  • GSO Capital Partners acted as lead lender on a $600 million loan facility used to finance the acquisition.
  • Jefferies acted as financial advisor to Steiner Leisure. 

Rani Mehta - Journalist 

 

 

Jurisdictions:

United States
Bahamas

Deal types:

Acquisition finance
Public acquisition

Practice areas:

Private equity
M&A

Industry sector:

Consumer goods and services


Firms:

Party: Steiner Leisure (Target)

Lawyer: Derek Winokur


Party: L Catterton (Acquirer)


Party: GSO Capital Partners (Lender)