Kirkland Represents OneSpaWorld on Business Combination with Haymaker for $948 Million

Kirkland & Ellis LLP advised OneSpaWorld, the pre-eminent global provider of health and wellness products and services onboard cruise ships and in destination resorts across the world, on its definitive business combination agreement with Haymaker Acquisition Corp. (NASDAQ: HYAC), a publicly traded special purpose acquisition company, in a transaction valued at $948 million. OneSpaWorld is being sold by Steiner Leisure Limited, a portfolio company of L Catterton, the largest and most global consumer-focused private equity firm in the world. Under the terms of the agreement, Haymaker and OneSpaWorld will combine under a new holding company, OneSpaWorld Holdings Limited, which is expected to be listed on the Nasdaq Stock Market under the symbol “OSW.” The transaction is expected to be completed in early 2019.

Read more at the company press release.

The Kirkland team was led by corporate partners Joshua Kogan and Ryan Brissette and associates Elina Alperovich, William Halaby and Ben Goldman; capital markets partners Christian Nagler and Peter Seligson and associate William Hubbard; and tax partner Vincent Thorn.