PRESS RELEASE
4 June 2026

A&O Shearman Advises Bridgepoint On Financing For The Acquisition Of Obagi Medical

AO
A&O Shearman

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
Bridgepoint, a leading mid-market investor, has secured financing for its acquisition of Obagi Medical, a dermatological skincare and aesthetics business from Waldencast plc.
United States

A&O Shearman has represented Bridgepoint, one of the world's leading mid-market investors, on the financing of its agreement to acquire Obagi Medical, the dermatological skincare and aesthetics business of Waldencast plc.

Obagi Medical operates in the medical aesthetics and prescription skincare market, offering a range of products designed to address a variety of skin conditions including hyperpigmentation, acne, and the visible signs of aging.

"We are happy to have supported Bridgepoint on the financing of this significant acquisition. This transaction highlights A&O Shearman's deep expertise in complex healthcare and life sciences financings, backed by our global platform across Europe, the US and beyond."

Gordon Mak

Partner

The A&O Shearman team that advised Bridgepoint was led by Debt Finance partners Gordon Mak and Nick Hallam, with support from associate Sykes Mitchell and law clerk Angela Zhang.

The team also included senior associate Ramone Bedi and associate Edward Crosby.

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.

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