Healthcare & Life Sciences Private Equity Deal Tracker: L Catterton Acquires Thorne HealthTech

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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.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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