Taylor Wessing has advised Wahanda, Europe’s largest hair and beauty marketplace, on the €34 million (£24m) acquisition of its Dutch equivalent Treatwell.
The deal is the fourth European acquisition by Wahanda in the last six months and reaffirms the company’s strategic position as the leading online hair and beauty booking platform in Europe. Taylor Wessing has advised on each acquisition as well as the €42 million investment in Wahanda by Recruit last month
"We are delighted to be joining forces with Treatwell," said Lopo Champalimaud, Wahanda’s CEO and founder. "The team comes with a wealth of talent, some of whom we have been fortunate enough to have worked with in the past. Treatwell’s team includes a co-founder of Just-Eat Benelux, an ex-CFO of Booking.com and a former senior executive at Procter & Gamble, who between them have helped build Treatwell into one of the fastest growing online marketplaces of its kind in Continental Europe."
Corporate partner and Private Equity head James Goold led the Taylor Wessing team, supported by corporate associate Jonny Bethell.