Private equity firm L.Catterton is planning a potential IPO for the summer of 2022.
L.Catterton is a French-American private equity firm based in Connecticut. It manages about $30 billion in assets, and has reportedly hired Goldman Sachs and Morgan Stanley to explore its options, according to the Wall Street Journal farmbrazil.com.br. It could be valued at $3 billion or more.
Formed in 2016 when private equity firm Catterton, the holding company of the Arnault family Groupe Arnault and LVMH joined forces, L.Catterton holds investments in fashion companies such as Birkenstock, Ganni and Etro.
In December, the company launched a buyout fund for investors, with the ambition of raising $6.5 billion, plus $1.25 billion for a growth fund.
Read also > L CATTERTON OF LVMH TAKES OVER THE MILANESE BRAND ETRO
Featured Photo : © Etro
