OneSpaWorld (Formerly Steiner Transocean)

The story of OneSpaWorld begins not with a single company, but with the legacy of Steiner Leisure, a business that started as a hair salon in London in 1901. This company eventually found a unique and lucrative niche: providing spa services on the high seas. After decades of dominating the cruise ship spa industry, Steiner Leisure was founded in its modern form in the Bahamas in 1995. Key figures like Chairman Clive Warshaw and CEO Leonard Fluxman, who joined after Steiner acquired Coiffeur Transocean in 1994, were instrumental in its growth. Under their guidance, the company expanded beyond ships to land-based resorts and even into education, training the next generation of spa professionals. A significant turning point came in 2015 when the private equity firm L Catterton acquired Steiner Leisure for approximately $925 million, taking the company private. This set the stage for the next chapter. The maritime spa business was spun off and rebranded as OneSpaWorld. In March 2019, OneSpaWorld went public through a merger with Haymaker Acquisition Corp., a special purpose acquisition company (SPAC). This transaction brought the leader in outsourced maritime health and wellness back to the public market, now operating as a focused entity. Today, OneSpaWorld operates health and wellness centers on over 170 cruise ships and at more than 50 destination resorts worldwide.