DLA Piper represented OneSpaWorld Holdings Limited, a global provider of health and wellness services and products on cruise ships and in destination resorts around the world, in an agreement to sell US$75 million in common equity and warrants to Steiner Leisure Limited and its affiliates and other investors, including funds advised by Neuberger Berman Investment Advisers LLC and members of OneSpaWorld’s management and board of directors.

OneSpaWorld plans to leverage this investment to continue developing innovative service offerings and spa experiences while fully capitalizing on its commitment to maintaining the highest quality standards and service delivery.

“Our representation of OneSpaWorld paired our deep experience in the hospitality and leisure industry and consumer goods and services sector with our market-leading corporate and finance capabilities,” said Sidney Burke, the DLA Piper partner who led the firm’s deal team. “It was a pleasure to help OneSpaWorld complete this strategic investment.”

In addition to Burke (New York), the DLA Piper team representing OneSpaWorld included partners Roger Meltzer, Stephen Alicanti and Drew Young (all of New York), as well as partners Paolo Morante and Jamie Knox (both of New York) and associates Oliver Newman (Philadelphia) and Bill Van Decker (New York).

DLA Piper’s global capital markets team represents issuers and underwriters in public equity and debt capital transactions, including initial public offerings (IPOs) and follow-on offerings; rights offerings; listings in international markets; and offerings of investments grade and high-yield bonds, including Rule 144A and Regulation S transactions.