L Catterton Acquires Controlling Interest in West Marine

L Catterton Acquires Significant Stake in AmaWaterways

May 1, 2024

Restaurants & Hospitality

L Catterton has agreed to acquire a significant (substantial) stake in luxury river cruise operator AmaWaterways from a consortium of investors led by Certares. Founders Rudi Schreiner, Kristin Karst and the Murphy family will remain meaningful owners as L Catterton partners with management to support the company's continued growth, fleet and market expansion.

L Catterton Acquires Controlling Interest in A.P.C.

March 2, 2023

Retail

L Catterton (via L Catterton Europe) has signed binding agreements to acquire a controlling interest in French apparel brand A.P.C., with founders Jean and Judith Touitou retaining a significant minority stake. Management continuity will be preserved and the partnership is intended to accelerate A.P.C.'s international expansion and digital development; terms were not disclosed and the deal is expected to close by the end of the quarter.

L Catterton Invests in CantuStore

November 11, 2022

Automotive

L Catterton's Latin America fund has entered into an agreement to make a significant growth investment in CantuStore, the leading omnichannel aftermarket tire retailer and distributor in Brazil. The capital will support customer acquisition, expansion into new tire segments, and execution of M&A opportunities to accelerate CantuStore's growth.

L Catterton Invests in Dragonfly

March 2, 2022

Consumer Products

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.

L Catterton Acquires Kodiak Cakes

May 25, 2021

Food & Beverage

L Catterton, the global consumer-focused private equity firm, has acquired Kodiak Cakes, a Park City, Utah–based better-for-you food brand known for whole-grain pancake/waffle mixes, frozen breakfast products, oatmeal and snacks. Existing shareholders — including Sunrise Strategic Partners, Trilantic North America, and the company's founders and management — retain a meaningful minority stake; terms were not disclosed.

L Catterton Acquires Majority Stake in solidcore

September 25, 2024

Healthcare Services

L Catterton has signed a definitive agreement to acquire a majority stake in solidcore from VMG Partners, Kohlberg & Company, and Peterson Partners. The investment backs the national boutique fitness chain — which operates roughly 130 studios across 25 states and D.C. — and will support continued domestic and international expansion under CEO Bryan Myers.