HLD, an investment group, completed the acquisition of a majority stake in ba&sh, an operator of a clothing brand, from L Catterton, a private equity firm. Financial terms were not disclosed. "Since acquiring ba&sh in 2015, we have worked closely with the brand's talented founders to build on the company's strong foundation in France and expand its reach to shoppers around the world. Whether in-store or through its powerful and ever-growing online presence, consumers increasingly recognize ba&sh as an innovator with a distinctive Parisian style. We are honored to have partnered with Barbara, Sharon, Dan, and Pierre-Arnaud to aid the brand's rapid expansion these past seven years and are confident their growing footprint will continue redefining the affordable luxury market with HLD's support," Eduardo Velasco, L Catterton Partner.