L Catterton is a global private equity firm specializing in consumer-focused investments. Founded in 1989, it operates through regional offices in Europe, Asia, and North America, with headquarters in Greenwich, Connecticut. The firm invests in growth capital, buyouts, and recapitalizations across various consumer sectors, including food and beverage, retail, consumer products, and services. It targets companies with enterprise values ranging from €50 million to €400 million, and sales values between €30 million and €400 million. L Catterton provides strategic and operational support to its portfolio companies, aiming to enhance performance and investment returns. It typically invests between €15 million and €40 million, and can take either majority or minority stakes.
Partner, Managing Director and Co-Head of Technology Investing @ L Catterton Growth
Rahul Garg
Vice President
Liz Gordon
Principal
Jimmy Jin
Principal
Farah Khan
Managing Partner
Ido Krakowsky
Vice President
Léonor Ladeira
Principal
Erin Lambroza
Vice President
Ramiro Lauzan
Partner
Marzak Li
Managing Director
Matt Lischick
Partner
Michael Meyer
Operating Partner
Courtney Nelson
Principal
Christopher North
Managing Partner
Jonathan H. Owsley
Managing Partner
Shinjini Palit
Analyst, Investments
Avik Pramanik
Partner
Alice Raksin
Principal
Shahab Rashid
Managing Partner and Co-Head of Private Credit
Jennifer Reid
Partner
Chris Roberts
Partner, Growth Fund
Anjana Sasidharan
Partner
Tolga Sengel
Principal
Rajan Shah
Principal
Lily Shaw
Vice President
Spencer Silverman
Vice President
Howard Steyn
Partner for Global Initiatives
Ravi Thakran
Managing Partner and Chairman
Eduardo Velasco
Partner
Romain Verani
Vice President
Elizabeth Wells
Principal
Ryuhei Yamaguchi
Managing Director
Akash Desai
Principal
Past deals in Restaurants
Restaurant365
Private Equity Round in 2024
Restaurant365 is a provider of restaurant enterprise management software tailored specifically for the food service industry. Its comprehensive, cloud-based platform integrates essential modules for accounting, inventory management, scheduling, payroll, and human resources. By streamlining these critical functions, Restaurant365 helps restaurant operators manage their daily operations more efficiently and profitably. The software is designed to alleviate the burdens often faced by restaurant management, enabling users to control food costs and optimize labor, ultimately enhancing overall operational performance in the digital age.
Restaurant365
Private Equity Round in 2023
Restaurant365 is a provider of restaurant enterprise management software tailored specifically for the food service industry. Its comprehensive, cloud-based platform integrates essential modules for accounting, inventory management, scheduling, payroll, and human resources. By streamlining these critical functions, Restaurant365 helps restaurant operators manage their daily operations more efficiently and profitably. The software is designed to alleviate the burdens often faced by restaurant management, enabling users to control food costs and optimize labor, ultimately enhancing overall operational performance in the digital age.
Urban Egg
Private Equity Round in 2023
Urban Egg is a leading restaurant brand that provides both online and offline culinary experiences.
Norwegian Cruise Line Holdings
Post in 2020
Norwegian Cruise Line Holdings is a prominent travel company specializing in cruise experiences to diverse and exotic destinations. It ranks as the world's third-largest cruise operator, with a fleet of 32 ships collectively providing approximately 66,500 berths. The company operates under three distinct brands: Norwegian, Oceania, and Regent Seven Seas, catering to a wide range of customer preferences from freestyle to luxury cruising. As of May 2022, Norwegian had redeployed its entire fleet and is actively expanding its capacity with 13 new passenger vessels on order, which will add 41,000 incremental berths by 2036. The company offers voyages to around 700 destinations worldwide, enhancing its global presence in the cruise industry.
Del Frisco's Restaurant Group
Acquisition in 2019
Del Frisco's Restaurant Group, headquartered in Irving, Texas, owns and operates a variety of upscale dining establishments in the United States, including Del Frisco’s Double Eagle Steakhouse, Sullivan's Steakhouse, Del Frisco’s Grille, and Barcelona Wine Bar. The company specializes in offering a diverse menu that features high-quality steaks, chops, fresh seafood, and tapas, accompanied by an extensive selection of wines and cocktails. As of 2019, Del Frisco's operated 75 restaurants across 16 states and the District of Columbia. The company emphasizes a contemporary dining experience that reflects American culinary traditions, catering to a clientele seeking both casual and formal dining options.
Grupo MYT
Private Equity Round in 2019
Grupo MYT, established in 2003 and based in Mexico City, specializes in designing, building, and operating casual restaurant brands primarily in Mexico and recently expanding into the United States. The company focuses on creating scalable dining business models that offer diverse culinary experiences across four distinct cuisine genres. A multidisciplinary team at Grupo MYT is committed to delivering quality dining experiences through excellent food, attentive service, and well-designed restaurant environments. Their operations emphasize innovative branding and effective processes, aimed at providing enjoyable and meaningful experiences for customers while ensuring responsible profitability for investors.
Goiko Grill
Private Equity Round in 2018
Founded in 2013 by Andoni Goicoechea, Goiko Grill is the best performing full service casual gourmet-burger restaurant chain in Spain, recognized for its tasty and highly craveable products, its efficient and enjoyable service as well as the good ambiance of its venues. Headquartered in Madrid, the Company currently operates 44 sites, in 15 Spanish cities and plans to cover 20 cities with 58 venues by the end of the year 2018. The Company has been able to differentiate itself not only by providing the best gourmet burgers but also through its distinctive communication. It is notably a leading restaurant chain on social media with >230k highly engaged Instagram followers in Spain, more than most international casual dining chains.
Impresario Entertainment & Hospitality
Private Equity Round in 2017
Impresario Entertainment & Hospitality Private Limited, founded in 2001 and based in Mumbai, operates cafés and restaurants under the Smoke House Deli and Social brands. The company primarily serves customers in major Indian cities such as New Delhi, Mumbai, Bengaluru, and Kolkata. Its offerings include a variety of soups, salads, desserts, shakes, and both hot and cold beverages, catering to diverse dining preferences. With a focus on providing an exceptional café experience, Impresario has established itself as a notable player in the hospitality sector.
Ole & Steen
Private Equity Round in 2017
Ole & Steen is a premium bakery and food-service chain in Denmark with 70 stores and a growing presence in the UK.
Uncle Julio's
Acquisition in 2017
Uncle Julio's Corporation operates a chain of polished casual Mexican restaurants across several states, including Texas, Georgia, Illinois, Maryland, Virginia, Florida, and Pennsylvania. Founded in 1986 and based in Irving, Texas, the restaurant is known for its diverse menu featuring marinated and mesquite-grilled beef and chicken fajitas, tacos, enchiladas, and various seafood dishes, such as scallops and honey chipotle salmon. In addition to its extensive food offerings, Uncle Julio's provides a selection of beverages, including frozen margaritas and fruit-infused drinks. The company also caters to special events, offering services for office parties, family gatherings, and receptions, thereby enhancing its appeal to a wide range of customers seeking authentic Mexican dining experiences.
Punch Bowl Social
Private Equity Round in 2017
Punch Bowl Social is an innovative restaurant and entertainment venue that combines a scratch kitchen with a vibrant social atmosphere. Offering a diverse menu that includes weekend brunch, lunch, dinner, and late-night snacks, it emphasizes quality food and crafted beverages. Patrons can enjoy a variety of activities such as bowling, karaoke, and social games, making it a popular destination for gatherings and celebrations. Originating in Denver, Punch Bowl Social has experienced success and is now expanding its unique concept across the country, appealing to those seeking a fun and engaging dining experience.
Eataly Net
Acquisition in 2016
Eataly is a high-end Italian food market and mall chain that combines a variety of dining options, food and beverage stations, and retail offerings. Established in 2004 by Oscar Farinetti, the company features a diverse product range that includes packaged foods, cured meats, cheeses, fresh produce, baked goods, and a selection of beverages, including wines and spirits. Eataly operates several locations, with notable stores in Rome and Genova, providing an immersive experience where customers can eat, shop, and learn about high-quality food. The company emphasizes the importance of quality products and aims to create a welcoming environment for everyone, whether they are looking to purchase ingredients for a meal or enjoy a dining experience. Eataly's commitment to promoting local producers and sharing the stories behind its offerings fosters a deeper appreciation for food among its customers.
Home Chef
Series B in 2016
Home Chef is a subscription-based meal kit delivery service founded in 2013 and headquartered in Chicago, Illinois. The company aims to simplify home cooking by providing pre-portioned ingredients and easy-to-follow recipes delivered weekly to its subscribers. Users can select meals and customize their orders according to personal preferences, allowing them to prepare home-cooked dinners in approximately 30 minutes. Home Chef's service is designed to save time while enhancing the cooking experience, making it convenient for individuals and families to enjoy nutritious meals at home.
Velvet Taco
Venture Round in 2016
Velvet Taco is a fast casual restaurant chain that specializes in offering a diverse range of tacos, moving beyond traditional Tex-Mex cuisine to incorporate a variety of flavors and premium ingredients. Founded in 2011 and headquartered in Dallas, Texas, Velvet Taco has expanded its presence to multiple locations across Texas, including Dallas, Fort Worth, and Houston, as well as in Chicago, Illinois, and other states such as Georgia, North Carolina, Oklahoma, and Tennessee. In addition to its signature tacos, the restaurant also serves cakes and desserts, providing customers with an extensive menu that emphasizes quality and culinary creativity. Velvet Taco operates as a subsidiary of Fork It Over Restaurants LLC.
Piada Italian Street Food
Private Equity Round in 2015
The Piada Group, LLC operates a chain of Italian cuisine restaurants across several states, including Ohio, Minnesota, Pennsylvania, Kentucky, Indiana, Michigan, and Texas. Inspired by the family-run food carts of Rimini, Italy, the company focuses on providing hand-rolled piadas, pasta bowls, chopped salads, pastas, sides, beverages, and desserts. The restaurants emphasize contemporary Italian food prepared with quality ingredients, catering to customers seeking healthy options served quickly. In addition to dining experiences, The Piada Group offers online ordering and sells branded merchandise such as beanies, bottle openers, water bottles, and T-shirts. Established in 2009 and headquartered in Columbus, Ohio, the company was previously known as Bianco Italian Grill LLC until its name change in 2011.
Snap Kitchen
Venture Round in 2015
Snap Kitchen LLC operates a chain of food retail stores in Texas, focusing on providing healthy and nutritious meals. Founded in 2010 and based in Austin, the company offers a diverse menu that includes breakfast, lunch, and dinner items, along with salads, snacks, cold-pressed juices, and specialty elixirs. Snap Kitchen emphasizes the use of high-quality ingredients in its chef-driven creations, ensuring that all offerings are made fresh daily and are nutritionally balanced. The company also offers convenient services such as curbside pickup and home or office delivery, catering to customers seeking both convenience and health-conscious dining options.
Bruxie
Private Equity Round in 2013
Bruxie is a gourmet waffle sandwich restaurant concept based in Orange, California, founded in 2010 by Dean Simon and Kelly Mullarney. The restaurant specializes in creating elevated waffle sandwiches that are suitable for breakfast, lunch, dinner, and dessert. Bruxie's menu features fried chicken sandwiches made with natural, hormone-free chicken marinated in buttermilk, complemented by a variety of savory and sweet fillings, as well as fresh ingredients like tomatoes and pickles. Currently, Bruxie operates six locations throughout Southern California.
Protein Bar
Private Equity Round in 2013
Protein Bar is a fast-casual restaurant chain that specializes in healthy and convenient food options. Founded in 2009 near the Willis Tower, the chain offers a menu featuring quinoa bowls, salads, and protein drinks, all designed to be nutritious and satisfying. The company is currently in late-stage acquisition discussions with a private equity firm. Protein Bar focuses on delivering meals that cater to health-conscious consumers seeking quick, flavorful, and protein-rich choices.
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