GREENWICH, Conn., March 1, 2018 /PRNewswire/ — L Catterton, the largest and most global consumer-focused private equity firm in the world, has been named Global Consumer Private Equity Firm of the Year by Private Equity International (“PEI”) for 2017, the inaugural year for this award. PEI has previously recognized L Catterton with a 2014 Operational Excellence Award in connection with L Catterton’s investment in Restoration Hardware, and as Mid-Market Firm of the Year for the Americas in 2013 and 2014.
In 2017, L Catterton invested $2.3 billion in 26 consumer businesses across North America, Latin America, Europe and Asia. Highlights include significant investments in Equinox and Leslie’s, growth investments in Third Love, Gentle Monster, Innis & Gunn and Espaçolaser, as well as a new real estate development partnership with The Amazing Brentwood in Vancouver. L Catterton also exited several investments, including Ferrara Candy Company, ClearChoice, Mendocino Farms and PetVet Care Centers.
“2017 was an active year across our six investment platforms, reflecting L Catterton’s leadership in consumer investing globally,” said Scott Dahnke, Global Co-CEO of L Catterton. “This award is a clear testament to our mission of being the partner of choice for high potential consumer brands and visionaries around the world. We look forward to another exciting year as we leverage our operational expertise and consumer insights to help our portfolio companies reach their full potential.”
“We are honored to be recognized by PEI as the global consumer firm of the year,” said Michael Chu, Global Co-CEO of L Catterton. “We would like to thank our outstanding team members, who bring deep expertise in emerging consumer trends around the world, as well as the talented entrepreneurs and management teams we partner with.”
Since 2001, Private Equity International has conducted the industry’s largest annual global readers’ poll to determine which private equity funds and transactions market participants rate most highly. The awards include categories for fund managers and their activities as well as stand-out advisors and limited partners.
About L Catterton
With over $14 billion of equity capital across six fund strategies in 17 offices globally, L Catterton is the largest and most global consumer-focused private equity firm in the world. L Catterton’s team of more than 160 investment and operating professionals partners with management teams around the world to implement strategic plans to foster growth, leveraging deep category insight, operational excellence, and a broad thought partnership network. Since 1989, the firm has made over 200 investments in leading consumer brands. L Catterton was formed through the partnership of Catterton, LVMH and Groupe Arnault. For more information about L Catterton, please visit lcatterton.com.
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SOURCE L Catterton
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