L Catterton partners with Naomi Watts for the acquisition of Stripes Beauty to support healthy aging solutions
Jun 24, 2024•about 1 year ago
Acquiring Company
L Catterton
Acquired Company
Stripes Beauty
Description
Naomi Watts, acclaimed actress and advocate for women's health, has partnered with L Catterton, a leading consumer-focused investment firm, in the acquisition of Stripes Beauty. Founded with the mission to normalize conversations about menopause and women's natural hormonal changes, Stripes Beauty aims to increase investment in innovations and community, supporting healthy aging with science-backed solutions. With the support of L Catterton, Stripes Beauty will accelerate its growth domestically and internationally, fuel marketing investments, develop an innovation pipeline, and service existing and new customers in the attainable luxury channel.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed