Announced
Synopsis
L Catterton invested in Grupo MYT, one of the largest portfolios of fully owned restaurant brands in Mexico. L Catterton's investment will be used to support and accelerate Grupo MYT's expansion and growth throughout Mexico. Terms of the transaction were not disclosed. "Grupo MYT offers unique casual dining experiences with broad consumer appeal," said Julio Babecki, Managing Partner, L Catterton Latin America. "With a proven track record of creating, developing and successfully operating experiential restaurant concepts, Grupo MYT is poised for continued success in Mexico's growing casual dining category. We are delighted to partner with Carlos, Andrés, Alfredo and Grupo MYT's growing team to accelerate their expansion and bring new and innovative restaurant concepts to life."
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