MPM Corpóreos’ $428 Million Initial Pubic Offering

Skadden, Arps, Slate, Meagher & Flom LLP represented Itaú BBA, Santander and Goldman Sachs & Co. LLC in the offering. Simpson Thacher represented MPM Corpóreos S.A. (“Espaçolaser”) and certain selling shareholders in the transaction.

MPM Corpóreos S.A. (Espaçolaser) executed its R$2.3 billion (US$428 million) (excluding the underwriters’ over-allotment option) initial public offering.

MPM Corpóreos S.A. (Espaçolaser) is the largest laser hair removal company in Brazil in terms of number of stores and customers served. 

The Skadden team leading the deal in São Paulo included Corporate partner Filipe Areno (Picture), counsel Lauren Bennett, and associate Carlo von Hanstein. The team also included New York Tax partner Victor Hollender and associate Ryan Rott.

The Simpson Thacher team included Grenfel S. Calheiros, Luiz F. Noronha and Winnie Y. Loureiro (Capital Markets); and Jonathan Cantor and Eli A. Shalam (Tax).

Involved fees earner: Grenfel Calheiros – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Winnie Loureiro – Simpson Thacher & Bartlett; Luiz Noronha – Simpson Thacher & Bartlett; Eli Shalam – Simpson Thacher & Bartlett; Filipe Areno – Skadden Arps Slate Meager & Flom; Lauren Bennett – Skadden Arps Slate Meager & Flom; Victor Hollender – Skadden Arps Slate Meager & Flom; Ryan Rott – Skadden Arps Slate Meager & Flom; Carlo von Hanstein – Skadden Arps Slate Meager & Flom;

Law Firms: Simpson Thacher & Bartlett; Skadden Arps Slate Meager & Flom;

Clients: Goldman Sachs & Co.; Itaú BBA USA Securities; MPM Corpóreos; Santander;

Author: Ambrogio Visconti.