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

March 2, 2023

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.

Buyers
L Catterton
Targets
A.P.C.
Sellers
Jean Touitou, Judith Touitou
Industry
Retail
Location
Île-de-France, France
Transaction Type
Buyout

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