L Catterton Invests in Dragonfly
March 2, 2022
L Catterton's Flagship Buyout Fund made a significant proprietary growth investment in Dragonfly, a technology-enabled platform that acquires and scales e-commerce brands. Inclusive of L Catterton's investment, Dragonfly has raised over $500 million of incremental equity and debt to fund future growth and M&A, enabling acceleration of its acquisition and brand-building strategy.
- Buyers
- L Catterton (Flagship Buyout Fund)
- Targets
- Dragonfly
- Industry
- Consumer Products
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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