European Wax Center to Be Taken Private by General Atlantic in All-Cash Transaction

Ropes & Gray advised the Special Committee of the European Wax Center Board of Directors in a definitive agreement in which European Wax Center, Inc. is to be taken private by General Atlantic, a leading global investor, in an all-cash transaction with an implied equity value of approximately $330 million. The deal was announced in an Feb. 10 press release.

The Ropes & Gray team was led by mergers & acquisitions partner Tom Fraser and counsel Kelly Finn, and included litigation & enforcement partner Martin Crisp, finance partner Patricia Lynch, tax partner Adam Greenwood, IP transactions partner Erica Han, executive compensation & employee benefits partner Renata Ferrari, mergers & acquisitions partner Christopher Comeau, IP transactions counsel Giancarlo Lee, and private equity counsel Jennifer Gorman.