L Catterton Acquires Majority Stake in solidcore

Kohlberg & Company Leads Strategic Investment in [solidcore]

May 4, 2023

Restaurants & Hospitality

[solidcore], a Washington, DC–area boutique fitness studio operator, received a strategic growth investment led by Kohlberg & Company with participation from existing investors VMG Partners and Peterson Partners. The undisclosed investment will be used to accelerate studio openings and expand the brand into new U.S. markets and internationally.

TSG Consumer Partners Acquires CorePower Yoga from L Catterton

March 13, 2024

Consumer Products

TSG Consumer Partners has acquired CorePower Yoga from L Catterton; terms were not disclosed. The investment, the first from TSG's eighth fund, will support CorePower Yoga's expansion of its multi-location studio network and digital offerings.

L Catterton Acquires Controlling Interest in West Marine

April 14, 2021

Retail

L Catterton has entered into a definitive agreement to acquire a controlling interest in West Marine from Monomoy Capital Partners; terms were not disclosed and the transaction was expected to close in May/second quarter 2021. West Marine is the leading omni-channel marine aftermarket retailer with 237 stores across 38 states and Puerto Rico and two eCommerce platforms; L Catterton plans to accelerate the company’s omni-channel, digital and consumer engagement capabilities.

L Catterton Acquires Majority Stake in Beauty Industry Group

August 11, 2021

Consumer Products

L Catterton has agreed to acquire a majority stake in Beauty Industry Group (BIG), a Salt Lake City–based platform of hair extension brands. Existing shareholders — including HGGC, CEO Derrick Porter, and the management team — will reinvest and retain a meaningful minority stake as L Catterton partners with BIG to accelerate brand building, DTC expansion and international growth.

Accel‑KKR Makes Majority Growth Investment in Teamcore

August 30, 2022

Cloud & SaaS

Accel‑KKR has made a majority growth investment in Teamcore, a Santiago‑based retail execution and analytics platform that serves CPGs and retailers across Latin America. The financing — completed with participation from SVB Innovation Credit Fund VIII — will be used to accelerate Teamcore’s go‑to‑market, enhance the product roadmap and support inorganic growth opportunities.

Gainline Capital Invests in Core Health & Fitness

February 11, 2020

Manufacturing

Gainline Capital Partners, a Stamford-based private equity firm, announced an investment in Core Health & Fitness, a vertically integrated global manufacturer of commercial fitness equipment. Financial terms were not disclosed; Core's founder and CEO Michael Bruno and the senior management team will remain in place and the investment is intended to support growth and further vertical integration.