L Catterton

Founded in 1989 as Catterton-Simon Partners, the firm underwent a significant transformation in 2016 when it merged with the family office of Bernard Arnault and the luxury conglomerate LVMH. This partnership combined Catterton's North American and Latin American operations with LVMH's European and Asian private equity and real estate platforms, creating a global investment powerhouse.

The firm focuses exclusively on the consumer industry, having made over 250 investments across various segments. It operates through six distinct fund platforms including Flagship Buyout, North American Growth, Latin America, Europe, Asia, and Real Estate. L Catterton consistently ranks among the largest private equity firms globally, placing 39th in the PEI 300 ranking as of 2024.

Notable recent activity includes raising over $5 billion for its ninth buyout fund in 2020 and acquiring a majority stake in makeup retailer Kiko Milano in 2024. The firm continues to expand its reach into wellness and specialty consumer brands, such as the menopause health brand Stripes and Japanese fishing gear maker Megabass.