Catterton Partners (now L Catterton) has successfully finalized the acquisition of a significant minority stake in the share capital of the target organization. This strategic transaction marks the acquirer's initial entry into the Italian industrial market, specifically targeting the high-expertise cosmetics manufacturing sector. The strategic rationale for the move centers on the group's objective to accelerate the target's international development, with a primary focus on scaling operations in the United States and China. By partnering with an organization with deep consumer sector expertise, the target aims to bolster its technical operational depth and professionalize its global commercial footprint. The integration is designed to facilitate long-term growth following the target's strategic pivot away from a planned public listing, opting instead for private institutional support. This partnership provides the strategic resources required to navigate complex global beauty markets and ensures the continuity of the existing leadership team while providing the financial depth to pursue aggressive innovation-led expansion. The transaction also facilitates the exit of an existing institutional vehicle, streamlining the cap table for future scaling initiatives.

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.