Follow-on Offering

Consumer
Follow-on Offering

Summary

Baird served as a co-manager on this offering

About

Vitamin Shoppe, Inc. (“Vitamin Shoppe” or the “Company”) (NYSE: VSI) recently completed a follow-on offering of 7,171,768 shares, including full exercise of the over-allotment option, of its common stock at a price of $23.50 per share. The offering generated gross proceeds of $168.5 million and consisted entirely of shares sold by existing owners. The selling shareholders include Irving Place Capital Partners II, L.P., the principal shareholder of Vitamin Shoppe, members of Vitamin Shoppe management and certain other shareholders.

Vitamin Shoppe is a leading specialty retailer and direct marketer of vitamins, minerals, herbs, supplements, sports nutrition and other health and wellness products (collectively referred to as the “VMS” Industry). The Company is the fastest growing national VMS specialty retailer, operating 457 stores located in high-traffic regional retail centers across 37 states and the District of Columbia. Vitamin Shoppe markets over 700 different nationally recognized brands and a selection of proprietary Vitamin Shoppe, BodyTech and MD Select branded products.

The Baird team included our dedicated industry bankers and members of our Equity Capital Markets group.

For additional information about this transaction, please contact:

Chris Sciortino (312) 609-4923
Jeff Seaman (312) 609-4687
Consumer
Follow-on Offering
Date
May 2010
Company
Vitamin Shoppe, Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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