L Catterton related stories
All articles and analysis
L Catterton names first-ever head of London officeJean-Philippe Barade joins the consumer sector-focused firm as partner from B&B Investment Partners at a time when L Catterton is looking to expand in Europe.
- L Catterton partner moves to TPG Growth’s consumer team
Mark Grabowski has left L Catterton after a decade to fill a newly-created role, consumer sector partner, at TPG Growth.
- TPG Growth adds Grabowski as partner
TPG Growth has named Mark Grabowski as a partner. Previously, Grabowski worked at L Catterton where he served as a managing director.
- L Catterton backs fast food chain Velvet Taco
Fast food chain Velvet Taco has secured an undisclosed amount of funding from L Catterton. Arlington Capital Advisors LLC provided financial advice Velvet Taco on the investment.
- Fund L Catterton in talks for Brazil St Marché stake, sources say: Reuters
L Catterton, the world's biggest consumer-focused buyout firm, is in talks to buy a controlling stake in Brazilian high-end supermarket chain St Marché, which took on too much debt following an aggressive expansion, sources told Reuters.
- L Catterton to sell Aquasana to A.O. Smith Corp
L Catterton has sold Aquasana to A.O. Smith Corp for $87 million in cash. Based in Texas, Aquasana is a provider of water treatment products.
- L Catterton buys children's clothing brand Hanna Andersson
L Catterton has acquired Portland, Oregon-based children's clothing brand Hanna Andersson. No financial terms were disclosed. The sellers included Sun Capital Partners Inc. Hanna Andersson President and CEO Adam Stone will continue to lead the company.
- PE-backed Ideal Image appoints new president/CEO
Ideal Image, a provider of aesthetic treatment services, has named Deborah G. Ellinger as president and CEO. Her appointment begins later this month. Ellinger's past senior leadership roles include serving as chairman and CEO of The Princeton Review and CEO of Wellness Pet Food. Ideal Image is backed by L Catterton.
- Hennessy named CEO of Vroom
Vroom has it named Paul J. Hennessy its CEO effective June 8. He succeeds co-founder Allon Bloch, who will continue with the Company as a senior advisor. Hennessy most recently served as Chief Executive Officer of priceline.com. Also, Robert J. Mylod Jr., former CFO and Vice Chairman of The Priceline Group, and current Vroom board member, has been named Non-Executive Chairman of the Vroom Board of Directors. Vroom in 2015 raised $54 million in funding from investors including Catterton, General Catalyst Partners and T. Rowe Price Associates Inc.
- Alaska eyes $271m in secondaries sale
The sovereign wealth fund plans to sell 20 fund stakes in private equity, which has a $3.6bn market value in its portfolio.