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New Deal


Announced

LCH Partners invested in California-based Enjoy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Payments / Commerce

Private

Acquisition

United States

mobile retail platform

Friendly

retail solutions

Private Equity

Single Bidder

Synopsis

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LCH Partners, L Catterton's new consumer technology platform, invested in California-based Enjoy, a company that is changing the way premiere companies serve their customers in a digitally-driven world. Financial terms were not disclosed. "By extending the retail experience to the customer's home with a team of on-the-go, full time employee experts, Enjoy has a tremendous opportunity within the evolving, connected, and increasingly personalized retail landscape," said Michael Chu, Global Co-CEO of L Catterton. "Ron and the Enjoy team have built an incredible next generation retail format, positioned to capture the generational shift in purchases toward digital orders and home delivery. We look forward to supporting Enjoy as they build on their vision to bring more products to life on-demand for more consumers around the world."

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