L Catterton has acquired Thorne HealthTech, according to a news release.
Thorne, founded in 1984 and based in New York, is a provider of at-home health tests and nutritional supplements.
L Catterton is paying $10.20 per share to acquire all outstanding shares of Thorne common stock in a transaction valued at approximately $680 million. Upon completion of the transaction, Thorne will become a privately held company.
L Catterton, founded in 1989 and based in Greenwich, Conn., is a private equity investment firm focusing on middle market companies. The firm manages approximately $33 billion of equity capital.
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- Source: https://www.thehealthcareinvestor.com/2023/09/articles/healthcare-services-investing/healthcare-life-sciences-private-equity-deal-tracker-l-catterton-acquires-thorne-healthtech/
