Beauty Health Company (The) - Ordinary Shares - Class A

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Other Pre-Announcement, Mergers / Acquisitions, Equity Financing / Related

Hydrafacial, An Experiential Beauty Health Company, And Vesper Healthcare Announce Business Combination

Published: 12/09/2020 12:06 GMT
(VSPR) - Hydrafacial, an Experiential Beauty Health Company, and Vesper Healthcare Announce Business Combination.
Vesper Healthcare Acquisition Corp - Transaction Values Hydrafacial at an Enterprise Value of $1.1 Billion.
Vesper Healthcare Acquisition Corp - Linden Capital Partners, a Private Equity Firm, Will Remain Company's Largest Shareholder.
Vesper Healthcare Acquisition Corp - Following Transaction, Company Expects to Have $100m in Cash and No Debt.
Vesper Healthcare Acquisition - Hydrafacial's Senior Management Will Continue to Serve in Their Current Roles.
Vesper Healthcare Acquisition Corp - Hydrafacial Will Continue to Be Led by Chief Executive Officer, Clint Carnell.
Vesper Healthcare Acquisition Corp - Liyuan Woo Will Continue As Chief Financial Officer.
Vesper Healthcare Acquisition Corp - Combined Co Expects to Be Listed on Nasdaq Exchange.
Vesper Healthcare Acquisition Corp - Following Transaction, Brent Saunders, CEO of Vesper Healthcare Will Serve As Executive Chairman.
Vesper Healthcare Acquisition Corp - Hydrafacial Expects to Have a Debt Free Balance Sheet at Closing.
Vesper Healthcare - Institutional Investors Anchoring Fully Committed $350 Million Pipe Include Fidelity Management & Research Co, Redmile Group, Others.
Vesper Healthcare Acquisition Corp - Vesper Healthcare, Linden and Dwhp Will Each Retain an Equity Stake in Combined Company.