Investment Summary

L Catterton Partners Invests In Ben & Frank

On October 21, 2021, growth capital firm L Catterton Partners invested in retailer Ben & Frank

Investment Highlights
  • This is L Catterton Partners’ 13th transaction in the Retail sector.
  • This is L Catterton Partners’ 3rd transaction in Mexico.

Investment Summary

Date 2021-10-21
Target Ben & Frank
Sector Retail
Investor(s) L Catterton Partners
Deal Type Growth Capital

Target

Ben & Frank

Mexico City, Mexico
Ben & Frank is a DTC and omnichannel eyewear brand offering high quality prescription glasses and sunglasses at value-oriented prices. Ben & Frank was founded in 2015 and is based in Mexico City.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

L Catterton Partners

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1989
PE ASSETS 30.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

L Catterton is a private equity firm that targets investments in consumer-related companies located throughout North America. L Catterton looks for businesses with identifiable brands and operating in 'defensible and extensible' positions within growth industry segments. Specific sectors of interest include branded consumables, food/beverages, consumer services, restaurants, media and marketing, household durables, specialty retail, mass merchant retail, and luxury/apparel. Prospective transactions include management buyouts, recapitalizations, turnarounds, and growth financings. L Catterton was formed in 1990 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 197 of 221
Sector (Retail) 13 of 13
Type (Growth Capital) 80 of 91
Country (Mexico) 3 of 4
Year (2021) 18 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-15 Enjoy

Palo Alto, California, United States

Enjoy is a technology-powered platform reinventing "Commerce at Home" to bring the best of the store directly to the customer. Enjoy operate mobile retail stores for our partners across the US, UK, and Canada. Enjoy was established in 2014 and is based in Palo Alto, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 Heytea

Shenzhen, China

Heytea is a premium tea drink chain in China. The company constantly introduces innovative flavors to delight customers, using the freshest ingredients that are available during each season, and its limited-edition series are especially popular. Heytea was founded in 2012 and is based in Shenzhen, China.

Buy -