L Catterton Completes Acquisition of Thorne HealthTech, Inc.
October 16, 2023
L Catterton has completed its acquisition of Thorne HealthTech, Inc. through a tender offer and subsequent second‑step merger, paying $10.20 per share and taking Thorne private. Thorne's common stock will be delisted from the Nasdaq and L Catterton intends to support Thorne's growth and execution of its clinically backed personalized testing and supplement offerings.
- Buyers
- L Catterton, Healthspan Merger Sub, Inc.
- Targets
- Thorne HealthTech, Inc.
- Sellers
- Public shareholders of Thorne HealthTech, Inc.
- Industry
- Healthcare Services
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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