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L Catterton partners with Naomi Watts for the acquisition of Stripes Beauty to support healthy aging solutions

Jun 24, 2024about 1 year ago

Acquiring Company

L Catterton

Acquired Company

Stripes Beauty

GreenwichBeverly HillsAngel InvestmentConsumer GoodsCosmeticsBeautyLifestyleFashionHealth CareE Commerce

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.

Company Information

Company

L Catterton

Location

Greenwich, Connecticut, United States

About

L Catterton is a market-leading consumer-focused investment firm, managing approximately $34 billion of equity capital and three multi-product platforms: private equity, credit, and real estate. Leveraging deep category insight, operational excellence, and a broad network of strategic relationships, L Catterton's team of more than 200 investment and operating professionals across 17 offices partners with management teams to drive differentiated value creation across its portfolio. Founded in 1989, the firm has made over 250 investments in some of the world's most iconic consumer brands.

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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