Follow-On Offering

Consumer
Follow-On Offering

Summary

Baird served as Co-Manager in this transaction

About

Sally Beauty Holdings, Inc. (“Sally Beauty” or the “Company”) (NYSE: SBH) recently completed a follow-on offering of 20,700,000 shares of its common stock at a price of $16.75 per share, generating gross proceeds of approximately $347 million. All of the shares of common stock were sold by Clayton, Dubilier & Rice, Inc., the principal stockholder of Sally Beauty. The Company will not receive any proceeds from the offering.

Based in Denton, Texas, Sally Beauty is an international specialty retailer and distributor of professional beauty supplies. The Company’s two business units, Sally Beauty Supply and Beauty Systems Group sell and distribute beauty products through 4,077 company-owned stores, 185 franchised stores and 1,127 sales consultants.

Sally Beauty is publicly traded on the New York Stock Exchange.

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
October 2011
Company
Sally Beauty Holdings, Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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