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To expand in French casual outerwear market L Catterton has acquired a controlling interest in Just Over The Top (“JOTT”). JOTT is a leading French urban casualwear brand offering functional, comfortable, and versatile clothes, most notably its distinct line of light down jackets.

  • The Gourdikian family, which founded and manage JOTT, will continue to hold a significant equity interest in the business.
  • L Catterton has significant experience investing in apparel brands globally.The major investments and deal by L Catterton are mentioned below:

    Nov 2020: L Catterton has completed the sale of a hot sauce producer and distributor Cholula, to McCormick & Company, Incorporated for approximately $800 million

    Aug 2020: L Catterton announced a private placement of $150 million in Despegar.com to purchase preferred stock plus ordinary shares of the company. Despegar.com is a leading online travel agency in Latin America.

    June2020: L Catterton has announced an investment of $285 million in India’s leading digital services platform Jio Platforms Limited a wholly-owned subsidiary of Reliance Industries.

    March 2020: L Catterton has announced a strategic minority equity investment in the world’s largest optometrist-controlled eye care company FYidoctors. Even after this partnership FYidoctors management and optometrist shareholders will continue to hold a significant equity interest in the business.

    November 2019: L Catterton announced a strategic investment in OdontoCompany, a leading and growth-oriented dental clinic franchisor in Brazil. The partnership with L Catterton will accelerate OdontoCompany’s growth and expansion.

    September 2019: L Catterton has announced the completion of acquisition of Del Frisco’s Restaurant Group, Inc. in approximately $650 million deal.

    July 2019: L Catterton announced that it has entered into a definitive agreement to sell SteelSeries, the leading global gaming platform, to Axcel, a Nordic private equity firm.

    April 2019: L Catterton, announced that it has completed the acquisition of Cholula, a leading producer and distributor of hot sauce. Terms of the transaction were not disclosed

About L Catterton
L Catterton, headquartered in Connecticut, United States, is one of the largest and most global consumer-focused private equity firm. The company has around 17 offices worldwide and it has made approximately 200 investments in leading consumer brands across all segments of the consumer industry.

L Catterton’s operating professionals and management team partners with clients around the world to implement strategic plans to foster growth, leveraging deep category insight, and operational excellence. L Catterton has long experience investing in consumer healthcare brands, including investments in CareDent, Pain Doctor, dentalcorp, Laboratorio da Mulher, FEMME, and PatientPoint. In addition to FEMME, other L Catterton Latin America investments include Bodytech (Colombia), Cholula, Espaçolaser, Grupo MYT, Grupo St. Marche, Luigi Bosca, Susana Balbo Wines, and Rapsodia

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