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Deal Detail

Coty Inc.'s Hair business (Wella, Clairol, OPI and ghd brands) to KKR

HHP/Pers Care/Jun 2020
EV / LTM EBITDA
12.3x
EV / LTM Sales
-
Enterprise Value
$4.3B
Primary Source
JPMorgan

Comparable Transactions

HHP/Pers Care transactions announced in the five years to June 2020. 7 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Feb 2020Santher - Fábrica de Papel Santa Therezinha S.A.Daio Paper Corporation and Marubeni Corporation$514M1.5x12.8xStrategic
Dec 2019Drybar Products LLCHelen of Troy Limited$255M-13.0xStrategic
May 2019CoppertoneBeiersdorf AG$550M2.6x-Strategic
May 2019Avon Products, Inc.Natura & Co Holding S.A.--9.5xStrategic
Jan 2019Elemis LtdL'Occitane International S.A.$900M6.4x22.6xStrategic
Jul 2017WaterpikChurch & Dwight$1.0B3.8x12.5xStrategic
Jun 2016Elizabeth Arden, Inc.Revlon, Inc.--34.3xStrategic
Mean3.6x17.4x
Median3.2x12.9x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionOLPX FOJPMorgan2026$4.3B-12.3x-https://www.coty.com/news/coty-announces-strategic-transformation-and-definitive-agreement-with-kkr-on-wellaOpen