Olaplex Holdings, Inc.

General Information
Business:

OLAPLEX is an innovative science-enabled and technology-driven beauty company. We are founded on the principle of delivering effective, patent-protected and proven performance in the categories where we compete. We strive to empower our consumers to look as beautiful on the outside as they feel on the inside.

We believe every person deserves to have healthy beautiful hair, whether they are visiting a salon or caring for their hair at home. Our commitment to deliver results that are visible on first use, coupled with our strong sense of community across both professional hairstylists and consumers, has driven tremendous brand loyalty. We offer our award-winning products through a global omni-channel platform serving the professional, specialty retail and direct-to-consumer (“DTC”) channels.

(Note: OLAPLEX upsized its IPO at pricing on Sept. 29, 2021, to price its IPO at $21 – $2 above its $17-to-$19 price range – and sell 73.7 million shares – up from 67 million in the prospectus – to raise $1,547.7 million – or $1.55 billion. Earlier this week: Olaplex raised the price range of its IPO on Tuesday, Sept. 28, 2021, to $17 to $19 – up from $14 to $16 – and kept the number of shares at 67 million, in an S-1/A filing dated Sept. 28, 2021. At the $18 mid-point of the increased price range, the estimated IPO proceeds were $1.206 billion.)

Industry: Haircare Products
Employees: 82
Founded: 2014
Contact Information
Address 1187 Coast Village Rd, Suite 1-520 Santa Barbara, CA 93108
Phone Number (310) 691-0776
Web Address http://www.olaplex.com/
View Prospectus: Olaplex Holdings, Inc.
Financial Information
Market Cap $13751.22mil
Revenues $452.9 mil (last 12 months)
Net Income $111.8 mil (last 12 months)
IPO Profile
Symbol OLPX
Exchange NASDAQ
Shares (millions): 73.7
Price range $21.00 - $21.00
Est. $ Volume $1547.7 mil
Manager / Joint Managers Goldman Sachs/J.P. Morgan/ Morgan Stanley/ Barclays/ BofA Securities/Evercore ISI/Jefferies/Raymond James
CO-Managers Cowen/Piper Sandler/Truist Securities/Telsey Advisory Group/Drexel Hamilton/Loop Capital Markets
Expected To Trade: 9/30/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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