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Announced

Completed

L Catterton led a $115m Series B round in Savage X Fenty.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Clothing and Accessories

Single Bidder

Completed

Acquisition

Friendly

Minority

United States

Private

Venture Capital

lingerie brand

Domestic

Synopsis

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L Catterton led a $115m Series B round in Savage X Fenty, a lingerie brand, with participation from Marcy Venture Partners, Avenir, Sunley House Capital and Advent. "As we continue to grow the brand at a remarkable pace, it is imperative that we move forward with partners who not only have a deep understanding of our business and customer base, but share our ambitious vision for Savage X Fenty and have the operational know-how to work with us to achieve it. L Catterton is the ideal partner, and we look forward to working closely with their unparalleled team to bring the confidence and inclusivity of Savage X Fenty to more people around the world," Natalie Guzman and Christiane Pendarvis, Savage X Fenty Co-Presidents.

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