Investment Summary

L Catterton Partners and Constitution Capital Partners Invest In Hydrow

On February 7, 2019, growth capital firm L Catterton Partners and private equity firm Constitution Capital Partners invested in consumer products company Hydrow

Investment Highlights
  • This is L Catterton Partners’ 24th and Constitution Capital Partners’ 6th transaction in the Consumer Products sector.
  • This is L Catterton Partners’ 95th and Constitution Capital Partners’ 42nd transaction in the United States.
  • This is L Catterton Partners’ 2nd and Constitution Capital Partners’ 2nd transaction in Massachusetts.

Investment Summary

Date 2019-02-07
Target Hydrow
Sector Consumer Products
Investor(s) L Catterton Partners
Constitution Capital Partners
Deal Type Growth Capital

Target

Hydrow

Boston, Massachusetts, United States
Hydrow is the live outdoor reality (LOR)TM rower. Led by athletes including some training for the U.S. National Rowing team, Hydrow delivers a live on-river outdoor rowing experience at-home that engages two times more of the body's muscles than biking or running and that results in over 400 calories burned during a 20-minute workout. Hydrow was founded in 2017 and is based in Boston, Massachuset ts.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Investor(S) 2

Investor

L Catterton Partners

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1989
PE ASSETS 37.0B 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 152 of 223
Sector: Consumer Products M&A 24 of 38
Type: Growth Capital M&A Deals 63 of 91
State: Massachusetts M&A 2 of 4
Country: United States M&A 95 of 134
Year: 2019 M&A 3 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-06 Grupo MYT

Mexico City, Mexico

Grupo MYT designs build and operate restaurant models for the casual food segment in Mexico. Through its collaborative culture, Grupo MYT offers unique restaurant experiences built around excellent food, friendly and attentive service, distinctive architecture and innovative branding concepts. Grupo MYT's distinct portfolio includes Moshi Moshi, an innovative Japanese casual dining restaurant; La Imperial, a polished casual Mexican restaurant and cantina; Cocina Abierta, a full-service multi-genre food hall; and La Crepe Parisienne, a kiosk format offering freshly made sweet and savory crepes and coffee bar. Grupo MYT was founded in 1996 and is based in Mexico City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-08 Susana Balbo Wines

Mendoza, Argentina

Susana Balbo Wines is an export-focused wineries in Argentina. Susana Balbo and the winery are known for a modern, balanced approach to winemaking, including a strong balance between reds, whites, and rosés. Susana Balbo Wines produces wines under four major labels (Crios, BenMarco, Susana Balbo, Nosotros) positioned in the premium, super premium, ultra premium, and iconic categories. Susana Balbo Wines was founded in 1999 and is based in Mendoza, Argentina.

Buy -
Investor
DESCRIPTION

Constitution Capital Partners is a private equity and asset management firm focused on opportunities throughout North America. Constitution Capital typically invests in private equity partnerships, however the Firm also makes direct private equity and credit investments. Constitution Capital Partners does not have any sector preferences. Constitution Capital Partners was formed in 2008 and is headquartered in Andover, Massachusetts.


DEAL STATS #
Overall 46 of 89
Sector: Consumer Products M&A 6 of 12
Type: Growth Capital M&A Deals 5 of 15
State: Massachusetts M&A 2 of 2
Country: United States M&A 42 of 83
Year: 2019 M&A 4 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-04 MediaAlpha

Los Angeles, California, United States

MediaAlpha is a marketing technology company that operates transparent and efficient exchange platforms that facilitate real-time transactions between advertisers and publishers of performance media. MediaAlpha has developed distinctive platform solutions for a range of insurance verticals, including auto, motorcycle, home, renter, health and life, and non-insurance verticals, including travel, education, personal finance, and home services. MediaAlpha powers over 200 million transactions annually, representing more than $400 million in aggregate media spend. MediaAlpha was founded in 2014 and is based in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-14 Not Your Mother’s

Tampa, Florida, United States

Not Your Mother’s offers a wide range of shampoos, conditioners and styling products across a portfolio of brands, including Not Your Mother’s, the environmentally-friendly Not Your Mother’s Naturals line, and Hi-Pro-Pac, among others. The Company’s products are cruelty-free, free of sulfates, phthalates, and synthetic dyes and available through leading mass, drug, grocery and specialty retailers nationwide. Not Your Mother’s was founded in 2010 and is based in Tampa, Florida.

Buy -