L Catterton Europe
L Catterton Europe is the Paris-based European consumer buyout platform of L Catterton, the LVMH-backed global consumer-focused private equity firm. Formerly known as L Capital Management, the LVMH private equity arm founded in 2001, it became part of L Catterton following the 2016 merger of L Capital and Catterton. It makes majority investments of roughly EUR 30-100m equity in European consumer, fashion, beauty and lifestyle brands, operating from Paris, Milan and London.
L Catterton Europe is a Paris buyout firm with €1.9B AUM, 21 active companies and 6 exits.
- ·6 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 6 realized deals: 6 years.
- ·Top sector focus: Consumer (41% of portfolio).
Sector breakdown
27 companiesGeography breakdown
11 geographiesKey facts
Recent exits
L Catterton Europe sold JOTT Just Over The Top to Amoniss in 2026 after 5 years.
L Catterton Europe sold Zenyum to MakeO in 2026 after 5 years.
L Catterton Europe sold Innis & Gunn to C&C Group in 2026 after 9 years.
L Catterton Europe took Birkenstock public in 2023 after 2 years.
Coverage notes
2 funds tracked, 27 portfolio companies (21 active · 6 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund L Catterton Europe has raised, with its portfolio companies. Hand-checked from public filings.
L Catterton Europe IVRealizingBuyout2019€600M18 assets3 exitsBuyout2019 · 7yr€600M183
Unrealized
18 held| Company | Entry |
|---|---|
| A.p.c. Consumer · France | 2023 |
| Ama Waterways Hospitality · US | 2024 |
| AmaWaterways United States | 2024 |
| Butternut Box FoodTech · United Kingdom | 2020 |
| Dishoom United Kingdom | 2025 |
| Etro Consumer · Italy | 2021 |
| EX Nihilo Consumer · France | 2026 |
| Goiko Hospitality · Spain | 2018 |
| Hyrox Germany | 2026 |
| KIKO Milano Consumer · Italy | 2024 |
| Little Moons United Kingdom | 2022 |
| Maria Nila Sweden | 2023 |
| Ole & Steen Hospitality · Denmark | 2017 |
| Pibiplast Industrials · Italy | 2018 |
| Polène Consumer · France | 2024 |
| Tod's Italy | 2024 |
| Value Retail United Kingdom | 2024 |
| Yamamoto Nutrition Italy | 2020 |
Realized
3 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Birkenstock Consumer · Germany | 2021 | 2023 | IPO | – | – |
| JOTT Just Over The Top Consumer · France | 2021 | 2026 | Trade Sale | Amoniss | – |
| Zenyum MedTech · Singapore | 2021 | 2026 | Trade Sale | MakeO | – |
L Capital 3RealizedBuyout2012€400M3 assets3 exitsBuyout2012 · 14yr€400M33
Unrealized
3 held| Company | Entry |
|---|---|
| Anthony's Coal Fired Pizza FoodTech · US | 2015 |
| Ganni Consumer · Denmark | 2017 |
| Primo Caredent Group Italy | 2016 |
Realized
3 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Ba&sh Consumer · France | 2015 | 2022 | Secondary | HLD | – |
| Innis & Gunn Consumer · UK | 2017 | 2026 | Trade Sale | C&C Group | – |
| Pinarello Consumer · Italy | 2016 | 2023 | Secondary | Ivan Glasenberg family office | – |
Frequently asked questions
- What investment strategy does L Catterton Europe focus on?
- L Catterton Europe focuses on Buyout strategies in the private equity space.
- How many portfolio companies does L Catterton Europe have?
- L Catterton Europe has 21 active portfolio companies and 6 completed exits and 2 funds tracked on GP Intel.
- Where is L Catterton Europe headquartered?
- L Catterton Europe is headquartered in Paris, France.
- What is L Catterton Europe's assets under management?
- L Catterton Europe manages approximately €1.9B in assets under management.
- When was L Catterton Europe founded?
- L Catterton Europe was founded in 2001.
- What sectors does L Catterton Europe invest in?
- L Catterton Europe invests across Consumer.
- What are L Catterton Europe's recent exits?
- Recent realized exits by L Catterton Europe include: JOTT Just Over The Top (2026) to Amoniss; Zenyum (2026) to MakeO; Innis & Gunn (2026) to C&C Group; Pinarello (2023) to Ivan Glasenberg family office; Ba&sh (2022) to HLD.
Similar firms
Other private equity firms tracked on GP Intel.