Thorne HealthTech Acquired by L Catterton

Platforms
Written By Rick Watson

Thorne HealthTech is a leader in delivering innovative solutions for a personalized approach to health and wellness.

Publicy listed Thorne HealthTech, has been acquired by PE firm L Catterton for $10.20 per share or a total value of $680m. Thorne HealthTech will delist in Q4 2023 dependent on the transaction closing. The company likely will receive investment and be optimized by their new owners in 2024.

MarketWatch: Thorne HealthTech Shares Surge Premarket on Buyout by L Catterton

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
Previous

Amazon Acquires Fig, a Startup Building Developer Tools for the Command Line
Next

Ghost Raises $30M Series B