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VESPER HEALTHCARE SPAC, HYDRAFACIAL CO. IN $1.1B MERGER: DJ Ticker VSPR

(Dow Jones) — A blank-check company backed by former Allergan PLC Chief Executive Brent Saunders is set to merge with a private equity-backed health and beauty company in a deal valued at $1.1 billion.

Mr. Saunders’ vehicle, Vesper Healthcare Acquisition Corp., is set to combine with the HydraFacial Co., a producer of skin-care products and treatments sold by beauty retailers, spas and dermatology clinics. Once completed, the deal will take the private equity-owned company onto the public market.

Blank check company vesper healthcare acquisistion corp to merge with private equity owned hydrafacial

The HydraFacial Company is a leading manufacturer and marketer of non-invasive equipment and consumables used in aesthetic skin health treatments. The HydraFacial Company has a current installed base of over 8,000 systems placed with dermatologists, plastic surgeons, and medical spas across 75 countries.

The HydraFacial Company is a leading manufacturer and marketer of non-invasive equipment and consumables used in aesthetic skin health treatments. The HydraFacial Company has a current installed base of over 8,000 systems placed with dermatologists, plastic surgeons, and medical spas across 75 countries.

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