ODDITY Tech Ltd.

Overview

Deal Type Equity Capital Markets
Size $487 Million
Initial Public Offering
Client & Transactional Partners ODDITY Tech Ltd.
Our Role Joint Bookrunner

Summary

KeyBanc Capital Markets served as Joint Bookrunner on the $487 million Initial Public Offering of 13,921,050 shares, including over-allotment, of ODDITY Tech Ltd. (Oddity or the Company).

Oddity (NASDAQ: ODD) is a fast-growing global direct-to-consumer beauty, health, and wellness platform. Through the launch of its first brand, IL MAKIAGE, the Company became one of the fastest-growing digital, direct-to-consumer beauty brands in the United States. Oddity's second brand, SpoiledChild, was launched in 2022 with the goal of disrupting the wellness category online and is rapidly scaling with a full line of products addressing hair, skin, and other health and wellness needs. Oddity is unique in that it deploys algorithms and machine learning models leveraging user data seeking to deliver a precise product match and seamless shopping experience for its customers. Additionally, the Company's ODDITY LABS was formed in April 2023 in conjunction with its acquisition of Revela, a biotech company focused on the development of new molecules for beauty and wellness, with two novel molecules already in the market to address hair loss and skin improvement/anti-aging.

Recent Deals

March 2025

integer

$1 Billion

Convertible Senior Notes due 2030

Co-Manager

integer
March 2025

sandbrook capital

acquired

intellirent

Senior Secured Credit Facilities

Sole Lead Arranger
Administrative Agent

intellirent
March 2025

imagefirst

a portfolio company of

caleracapital

$625 Million

Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner

imagefirst
March 2025

terra vet

has received an entity-level preferred equity investment from

sculptor

Sole Placement Agent

terravet-reit-inc

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