L Catterton partners with Naomi Watts for the acquisition of Stripes Beauty to support healthy aging solutions
L Catterton partners with Naomi Watts for the acquisition of Stripes Beauty to support healthy aging solutions
06/24/24, 3:03 PM
Location
greenwichbeverly hillsIndustry
consumer goods
professional services
cosmetics
beauty
lifestyle
fashion
health care
e commerce
Naomi Watts, acclaimed actress and advocate for women's health, has partnered with L Catterton, a leading consumer-focused investment firm, in the acquisition of Stripes Beauty. Founded with the mission to normalize conversations about menopause and women's natural hormonal changes, Stripes Beauty aims to increase investment in innovations and community, supporting healthy aging with science-backed solutions. With the support of L Catterton, Stripes Beauty will accelerate its growth domestically and internationally, fuel marketing investments, develop an innovation pipeline, and service existing and new customers in the attainable luxury channel.
Company Info
Location
Greenwich, Connecticut, United States
Company info
With more than $30 billion of equity capital across its fund strategies and 17 offices around the world, L Catterton is the largest global consumer-focused private equity firm. Leveraging deep category insight, operational excellence, and a broad strategic network of relationships, L Catterton's team of nearly 200 investment and operating professionals support management teams around the world in building strong, category-leading brands. Since 1989, the firm has made approximately 250 investments in consumer businesses. For more information about L Catterton, please visit lcatterton.com.