Follow-On Offering

Consumer
Follow-On Offering

Summary

Baird served as a co-manager in this offering

About

Vitamin Shoppe (NYSE: VSI) recently completed a follow-on offering of 6,303,006 shares of its common stock at $29.00 per share. All of the shares of common stock were sold by certain stockholders of Vitamin Shoppe. The underwriters exercised their full overallotment option to purchase an additional 945,450 shares from Irving Place Capital, the principal stockholder of Vitamin Shoppe and a selling stockholder in this offering. The offering generated approximately $210 million of gross proceeds.

Based in North Bergen, New Jersey, Vitamin Shoppe is a specialty retailer and a direct marketer of vitamins, minerals, herbs, supplements, sports nutrition and other health and wellness products (collectively referred to as the “VMS” industry). For each of the past five years, the Company has been the second largest in retail sales and fastest growing national VMS specialty retailer. Vitamin Shoppe markets over 700 different nationally recognized brands and a selection of proprietary Vitamin Shoppe, BodyTech and MD Select brands.

For additional information about this transaction, please contact:

Chris Sciortino (312) 609-4923
Jeff Seaman (312) 609-4687
Peter Kies (414) 765-7262
Consumer
Follow-On Offering
Date
December 2010
Company
Vitamin Shoppe, Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

Share