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Wednesday, November 25, 
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Slimming down

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Published February 1, 2006 at 10:14 AM

Jennycraig2In a story exclusive to The Deal, MidOcean Partners LLP and ACI Capital Co. LLC may trim weight-management titan Jenny Craig Inc. from their portfolios – the Carlsbad, Calif. classroom diet company has hired Goldman Sachs & Co. to explore strategic options, including a sale.

Jenny Craig could fetch up to $500 million in a sale. Or, sources say, the company could go public and reap the benefits of the tremendous valuations weight-management organizations have drawn of late. A sale for $500 million would be 10 times the company’s Ebitda and four times what the two buyout shops paid in 2002.— Carolyn Murphy

Jenny Craig on the block
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