Waldencast Acquisition Corp. (WALD) to Combine with OBAGI and Milk Makeup in $1.2Bn Deal

Nov 15, 2021 INTEL by Nicholas Alan Clayton

Waldencast (NASDAQ:WALD) has entered into a definitive agreement to combine with beauty brands OBAGI and Milk Makeup at an enterprise value of $1.24 billion, or 24.7x its 2022E adjusted EBITDA. OBAGI provides medical-grade skincare products and Milk Makeup provides clean 100% vegan cosmetics via retail stores and its native ecommerce site. The combined company is
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Waldencast Acquisition Corp. (WALD) to Combine with OBAGI and Milk Makeup in $1.2Bn Deal

Waldencast Acquisition Corp. (WALD) to Combine with OBAGI and Milk Makeup in $1.2Bn Deal

ByNicholas Alan Clayton