L Catterton Acquires Cholula

McCormick Acquires Cholula Hot Sauce from L Catterton

November 24, 2020

Food & Beverage

McCormick & Company agreed to acquire Cholula, a leading hot sauce producer and distributor, from private equity firm L Catterton for $800 million. L Catterton had acquired and transformed Cholula in April 2019, investing behind the brand and commercial capabilities to drive retail and foodservice growth prior to the sale.

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 BloomChic

December 19, 2022

E-Commerce

L Catterton, a global consumer-focused investment firm, has made a growth investment in BloomChic, a digital-first plus-size women's fashion brand. The capital will help BloomChic scale operations, deepen product development, and expand its geographic reach across key markets.

L Catterton Invests in Drools Pet Food

June 20, 2023

Food & Beverage

L Catterton has invested approximately $60 million in Drools Pet Food Private Limited, a leading homegrown pet food company in India. The growth investment will support Drools' brand building, geographic expansion across India and internationally, and scale its omni-channel manufacturing and distribution capabilities.

L Catterton Latin America Makes Strategic Investment in Grupo MYT

February 6, 2019

Restaurants & Hospitality

L Catterton's Latin America fund has made a significant strategic investment in Grupo MYT to support and accelerate the restaurant group's expansion across Mexico. Terms were not disclosed; the investment will be used to grow Grupo MYT's multi-brand casual dining portfolio and operations.

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.