
Investments
208Portfolio Exits
67Funds
21Partners & Customers
5Service Providers
3About L Catterton
L Catterton, formed through the partnership of Catterton, LVMH, and Groupe Arnault, is a consumer-focused private equity firm investing in all major consumer segments, including: Food and Beverage, Retail and Restaurants, Beauty and Wellness, Fashion and Accessories, Consumer Products and Services, Consumer Health, and Media and Marketing Services, as well as real estate projects anchored by luxury retail.
L Catterton Headquarter Location
599 West Putnam Avenue
Greenwich, Connecticut, 06830,
United States
203-629-4901
Expert Collections containing L Catterton
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find L Catterton in 4 Expert Collections, including Beauty & Personal Care.
Beauty & Personal Care
58 items
Startups in the beauty & personal care space, including cosmetics brands, shaving startups, on-demand beauty services, salon management platforms, and more.
Food & Beverage
123 items
Fitness Tech
227 items
We define fitness tech as companies leveraging software and technology to augment approaches to developing or maintaining physical fitness. Companies in this category develop tools and services including workout apps, wearables, and connected fitness equipment.
Packaging & Labeling Tech
38 items
Companies providing traditional and tech-enabled packaging and labeling solutions for brands.
L Catterton Web Traffic
L Catterton Rank
Research containing L Catterton
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned L Catterton in 2 CB Insights research briefs, most recently on Nov 4, 2019.
Latest L Catterton News
May 19, 2022
News provided by Share this article Share this article MEXICO CITY, May 19, 2022 /PRNewswire/ -- Crediclub, one of Mexico's fastest-growing lending platforms, announced today that it has entered into a binding agreement to partner with L Catterton, the largest global consumer-focused private equity firm. Under the terms of the agreement, L Catterton Latin America will acquire a significant minority stake to support the company in its mission to provide all Mexicans access to better and more affordable financial products. The new partnership provides Crediclub with significant growth capital and expertise from L Catterton to expand its product offering in Mexico, invest in customer acquisition, enhance technological capabilities, and accelerate brand awareness. The investment comes at a time of rapid change for a category in which technology adoption and digitalization are allowing for further inclusion through innovative and low-cost products and services. Founded in 2005 by an entrepreneurial team in Monterrey, Crediclub has become one of the most prominent non-bank financial institutions in the country. To date, the company has disbursed more than $2 billion in loans and offers a fully digital investment product which is revolutionizing the way Mexicans manage and grow their savings. "With the development of innovative financial services tailored to the needs of the underbanked Mexican consumer, Crediclub has become a powerful alternative to traditional banks," said Juan Francisco Fernández, CEO and co-founder of Crediclub. "Our partnership with L Catterton will allow us to significantly grow and scale our business further, while preserving the quality and customer experience that set us apart." "Crediclub's defining features have been performance and impact. Not only does it have some of the best underwriting, operating, and funding capabilities in the industry, it has also consistently improved standards of living in Mexico by driving financial inclusion, notably among women," said Ramiro Lauzan, a Partner in L Catterton Latin America. "Going forward, we expect innovation to become another hallmark of Crediclub, as it disrupts the market with new, better, more accessible financial products. As impressive as Crediclub's journey has been so far, we are confident it is about to become even better." L Catterton has significant experience investing in financial services platforms. Current and past investments include Better Mortgage, Freetrade, and Eco. Other L Catterton Latin America investments include NotCo, Petlove, Despegar.com, OdontoCompany, Valoreo, Ben & Frank, Cholula, and Espaçolaser. The transaction is expected to close by the end of 2022 subject to customary regulatory approvals. Crediclub, S.A. de C.V., S.F.P. is a regulated financial institution with 2.5 million credit operations and more than $2 billion in loans granted historically, in addition to being a pioneer and leader in the digital savings and investment segment. The company's product portfolio includes group, individual, and productive personal loans; savings and investments; a digital wallet with BNPL capabilities; and an offering for small and medium sized businesses. Crediclub was founded in 2005 by an entrepreneurial team supported by a group of international investors with vast sector expertise. The Company's compelling value proposition, combined with outstanding underwriting and operating capabilities and a low-cost, low-risk source of funding, has allowed it to consistently deliver best-in-class unit-level economics and profitability while focusing on its mission to drive financial inclusion in Mexico. For more information about Crediclub, please visit crediclub.com. About L Catterton With more than $33 billion of equity capital across its fund strategies and 17 offices around the world, L Catterton is the largest global consumer-focused private equity firm. Leveraging deep category insight, operational excellence, and a broad strategic network of relationships, L Catterton's team of nearly 200 investment and operating professionals support management teams around the world in building strong, category-leading brands. Since 1989, the firm has made approximately 250 investments in consumer businesses. For more information about L Catterton, please visit lcatterton.com. Media Contacts:
L Catterton Investments
208 Investments
L Catterton has made 208 investments. Their latest investment was in Freetrade as part of their Loan on May 5, 2022.
L Catterton Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/20/2022 | Loan | Freetrade | $37.4M | No | 1 | |
3/16/2022 | Private Equity | FLASH | $250M | No | Undisclosed Investors, and Vista Equity Partners | 6 |
3/9/2022 | Private Equity | Little Moons | Yes | 2 | ||
3/2/2022 | Private Equity | |||||
2/28/2022 | Private Equity - III |
Date | 5/20/2022 | 3/16/2022 | 3/9/2022 | 3/2/2022 | 2/28/2022 |
---|---|---|---|---|---|
Round | Loan | Private Equity | Private Equity | Private Equity | Private Equity - III |
Company | Freetrade | FLASH | Little Moons | ||
Amount | $37.4M | $250M | |||
New? | No | No | Yes | ||
Co-Investors | Undisclosed Investors, and Vista Equity Partners | ||||
Sources | 1 | 6 | 2 |
L Catterton Portfolio Exits
67 Portfolio Exits
L Catterton has 67 portfolio exits. Their latest portfolio exit was Cover FX on February 03, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
2/3/2022 | Acquired | 5 | |||
1/4/2022 | Acquired | 8 | |||
11/2/2021 | IPO | 3 | |||
Date | 2/3/2022 | 1/4/2022 | 11/2/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 5 | 8 | 3 |
L Catterton Acquisitions
54 Acquisitions
L Catterton acquired 54 companies. Their latest acquisition was Len The Plumber on March 22, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
3/22/2022 | Acq - Fin - II | 1 | ||||
3/8/2022 | Debt | $8.13M | Acq - Fin | 1 | ||
8/11/2021 | Acq - Fin - II | 4 | ||||
7/19/2021 | ||||||
5/25/2021 | Other |
Date | 3/22/2022 | 3/8/2022 | 8/11/2021 | 7/19/2021 | 5/25/2021 |
---|---|---|---|---|---|
Investment Stage | Debt | Other | |||
Companies | |||||
Valuation | |||||
Total Funding | $8.13M | ||||
Note | Acq - Fin - II | Acq - Fin | Acq - Fin - II | ||
Sources | 1 | 1 | 4 |
L Catterton Fund History
21 Fund Histories
L Catterton has 21 funds, including L Catteron Growth IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
10/30/2020 | L Catteron Growth IV | $641.03M | 4 | ||
8/28/2020 | L Catterton IX | $3,711.69M | 3 | ||
8/28/2020 | L Catterton IX Offshore | $3,711.69M | 1 | ||
8/28/2020 | L Catterton Latin America III | ||||
12/21/2016 | L Catterton Latin America II |
Closing Date | 10/30/2020 | 8/28/2020 | 8/28/2020 | 8/28/2020 | 12/21/2016 |
---|---|---|---|---|---|
Fund | L Catteron Growth IV | L Catterton IX | L Catterton IX Offshore | L Catterton Latin America III | L Catterton Latin America II |
Fund Type | |||||
Status | |||||
Amount | $641.03M | $3,711.69M | $3,711.69M | ||
Sources | 4 | 3 | 1 |
L Catterton Partners & Customers
5 Partners and customers
L Catterton has 5 strategic partners and customers. L Catterton recently partnered with Etro on July 7, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
7/19/2021 | Client | Italy | Etro Announces Strategic Partnership With L Catterton Europe MILAN and GREENWICH , Conn. , July 18 , 2021 -- Etro , the global luxury fashion house , today announced that it has entered into a binding agreement to partner with L Catterton , the largest global consumer-focused private equity firm . | 1 | |
3/6/2020 | Partner | ||||
7/9/2018 | Partner | ||||
4/24/2017 | Partner | ||||
6/22/2012 | Client |
Date | 7/19/2021 | 3/6/2020 | 7/9/2018 | 4/24/2017 | 6/22/2012 |
---|---|---|---|---|---|
Type | Client | Partner | Partner | Partner | Client |
Business Partner | |||||
Country | Italy | ||||
News Snippet | Etro Announces Strategic Partnership With L Catterton Europe MILAN and GREENWICH , Conn. , July 18 , 2021 -- Etro , the global luxury fashion house , today announced that it has entered into a binding agreement to partner with L Catterton , the largest global consumer-focused private equity firm . | ||||
Sources | 1 |
L Catterton Service Providers
4 Service Providers
L Catterton has 4 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Kirkland & Ellis | Acq - Fin | Counsel | General Counsel |
Service Provider | Kirkland & Ellis | ||
---|---|---|---|
Associated Rounds | Acq - Fin | ||
Provider Type | Counsel | ||
Service Type | General Counsel |
Partnership data by VentureSource
L Catterton Team
18 Team Members
L Catterton has 18 team members, including current Chief Executive Officer, Managing Partner, Chinta Bhagat.
Name | Work History | Title | Status |
---|---|---|---|
Chinta Bhagat | Chief Executive Officer, Managing Partner | Current | |
Scott Chen | TPG Capital, and Lehman Brothers | Chief Investment Officer, Managing Partner | Current |
Ido Krakowsky | Executive Vice President | Current | |
Dennis Ever | Managing Partner | Current | |
Michael Farello | Managing Partner | Current |
Name | Chinta Bhagat | Scott Chen | Ido Krakowsky | Dennis Ever | Michael Farello |
---|---|---|---|---|---|
Work History | TPG Capital, and Lehman Brothers | ||||
Title | Chief Executive Officer, Managing Partner | Chief Investment Officer, Managing Partner | Executive Vice President | Managing Partner | Managing Partner |
Status | Current | Current | Current | Current | Current |
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