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Announced

26 Feb 2019

L Catterton acquired 2XU from Tannera Capital.

Synopsis

Private equity firm L Catterton acquired 2XU, an Australia-based activewear business, from Tannera Capital and the companies founders. Financial terms were not disclosed.

Principals

target

2XU

bidder

L Catterton

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Market Context

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Seller Team (6)

angie wong

Herbert Smith Freehills

Lawyer

target

Deal

n/a

Total Value

paul higgens

CEO at 2XU

Manager

target

Deal

n/a

Total Value

yael boneh

Herbert Smith Freehills

Lawyer

target

Deals

£ 32 M

Total Value

andrew clyne

Partner at Herbert Smith Freehills

Lawyer

target

Deals

£ 593 M

Total Value

bobby chen

Herbert Smith Freehills

Lawyer

target

Deals

£ 1.16 B

Total Value

edward gainer

Herbert Smith Freehills

Lawyer

target

Deals

£ 17 M

Total Value

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