In The News
Press, Articles, Highlights
MARCH 20, 2019
OneSpaWorld Holdings Comments on Start of Trading
NEW YORK, NY–(March 20, 2019)—OneSpaWorld Holdings Limited (“OSW” or the “Company”), which, on March 19, 2019, acquired Haymaker Acquisition Corp. (NASDAQ: HYAC) (“Haymaker”), a publicly traded special purpose acquisition company, and OneSpaWorld, the pre-eminent global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world, commented on the expected commencement of trading of its common shares and warrants.
MARCH 19, 2019
Haymaker Acquisition Corp. Completes Business Combination with OneSpaWorld Combine Under New Holding Company, OneSpaWorld Holdings Limited Combined Company will trade on the Nasdaq Stock Market under “OSW”
NEW YORK, NY–(March 19, 2019)– Haymaker Acquisition Corp. (NASDAQ: HYAC) (“Haymaker”), a publicly traded special purpose acquisition company, and OneSpaWorld (“OSW”), the pre-eminent global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world, announced today that having satisfied all closing requirements, they completed their previously announced business combination. Under the terms of the agreement, Haymaker and OneSpaWorld combined under the new holding company, OneSpaWorld Holdings Limited (“OSW Holdings” or the “Company”), in a business combination involving $850.7 million in total consideration. The business combination was approved by Haymaker’s stockholders on March 6, 2019 with more than 96% of the voted shares voting in favor of the business combination. OneSpaWorld was sold by Steiner Leisure Limited (“Steiner”), a portfolio company of L Catterton, the largest and most global consumer-focused private equity firm in the world.
MARCH 6, 2019
Haymaker Acquisition Corp. Stockholders Overwhelmingly Approve Business Combination with OneSpaWorld
NEW YORK, NY–(March 6th)– Haymaker Acquisition Corp. (NASDAQ: HYAC) (“Haymaker”), a publicly traded special purpose acquisition company, and OneSpaWorld (“OSW”), the pre-eminent global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world, today, announced that the business combination was approved by Haymaker’s stockholders. The transaction is expected to close on or prior to March 31, 2019 subject to the satisfaction of customary closing conditions.
FEBRUARY 28, 2019
Haymaker Announces OneSpaWorld’s New Contract for All Norwegian Cruise Line Ships Contract Includes All 26 Ships Across Norwegian’s Three Award Winning Brands
(New York, NY) – February 28, 2019 – Haymaker Acquisition Corp. (NASDAQ: HYAC) (“Haymaker”), announced that OneSpaWorld (“OSW”) has entered into a new agreement with Norwegian Cruise Line Holdings Ltd. (“NCLH”). The new agreement extends the term of the original agreement to ten years for the 16 ships currently sailing under the Norwegian Cruise Line banner (“NCL”) and covers all new NCL ships that come into service during the term. Additionally, commencing in 2020, OSW will become the exclusive health and wellness provider on all NCLH operated ships. The expanded relationship adds a minimum of 13 ships to the OSW fleet – 10 ships currently in the NCLH fleet and 3 soon to be commissioned ships which have been announced. Collectively, these 13 ships represent an 8% increase in the number of ships in OSW’s fleet.
FEBRUARY 19, 2019
Haymaker Announces Special Meeting Date to Approve Proposed Business Combination with Steiner Leisure’s OneSpaWorld business to form OneSpaWorld Holdings
(New York, NY) – February 19, 2019 – Haymaker Acquisition Corp. (NASDAQ: HYAC) (the “Company”), announced that it has scheduled the special meeting of its stockholders (the “Special Meeting”) to approve the proposed business combination (the “Business Combination”) between the Company and the OneSpaWorld business of Steiner Leisure Limited for March 6, 2019. The Business Combination will result in the formation of OneSpaWorld Holdings Limited (“OSW”). The Company also announced that it has filed its definitive proxy statement for the Special Meeting and commenced mailing to its stockholders of record as of February 11, 2019, the record date for the Special Meeting. The closing of the Business Combination is subject to approval of the Company’s stockholders and the satisfaction of other customary closing conditions and is expected to close promptly after the Special Meeting.
JANUARY 9, 2019
OneSpaWorld to Present at the 21st Annual ICR Conference
(New York, NY) – January 9, 2019 – Haymaker Acquisition Corp. (NASDAQ: HYAC) (“Haymaker”), a publicly traded special purpose acquisition company, today announced that OneSpaWorld (“OSW”), the pre-eminent global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world will present at the 21st Annual ICR Conference, held at the Grande Lakes Orlando in Orlando, FL. The presentation will be held on Monday, January 14, 2019 at 1:00 p.m. Eastern Time. Leonard Fluxman, Executive Chairman; Glenn Fusfield, President and Chief Executive Officer; and Stephen Lazarus, Chief Financial Officer and Chief Operating Officer, will host the presentation.
JANUARY 8, 2019
Haymaker Updates Terms of Business Combination with OneSpaWorld Release
(New York, NY) – January 8, 2019 – Haymaker Acquisition Corp. (NASDAQ: HYAC) (“Haymaker”), a publicly traded special purpose acquisition company, and OneSpaWorld (“OSW” or the “Company”), the pre-eminent global operator of health and wellness centers onboard cruise ships and a leading operator of health and wellness centers of destination resorts worldwide, announced today that they have amended their definitive business combination agreement, which was entered into on November 1, 2018, due to recent market performance. The amended agreement continues to reflect that Haymaker and OSW will combine under a new holding company, OneSpaWorld Holdings Limited (“OSW Holdings”), which is expected to be listed on the Nasdaq Stock Market under the symbol “OSW.” OSW is being sold by Steiner Leisure Limited (“Steiner”), a portfolio company of L Catterton, the largest and most global consumer-focused private equity firm in the world. The Company continues to expect fiscal 2018 operating performance in line with its expectations provided on November 1, 2018.
NOVEMBER 9, 2018
Analyst & Investor Meeting
(New York, NY) – November 9, 2018 – Haymaker Acquisition Corp. (NASDAQ: HYAC) (“Haymaker”), a publicly traded special purpose acquisition company, and OneSpaWorld (“OSW” or the “Company”), the pre-eminent global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world, today announced that the companies will host a meeting for the analyst and investment community on Thursday, November 15, 2018 at the Lotte New York Palace Hotel at 455 Madison Avenue, New York, NY to discuss their recent business combination. Management will provide formal remarks followed by a question and answer session with the meeting taking place from 9:00 a.m. to 11:00 a.m. Eastern Time.
NOVEMBER 1, 2018
Business Combination Announcement
(New York, NY) – November 1, 2018 – Haymaker Acquisition Corp. (NASDAQ: HYAC) (“Haymaker”), a publicly traded special purpose acquisition company, and OneSpaWorld (“OSW” or the “Company”), the pre-eminent global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world, announced today that they, and certain other related parties, have entered into a definitive business combination agreement. Under the terms of the agreement, Haymaker and OSW will combine under a new holding company, OneSpaWorld Holdings Limited (“OSW Holdings”) which is expected to be listed on the Nasdaq Stock Market under the symbol “OSW.” OSW is being sold by Steiner Leisure Limited (“Steiner”), a portfolio company of L Catterton, the largest and most global consumer-focused private equity firm in the world.