Announced
Synopsis
L Catterton, a private equity firm, led a €70m Series C round in Razor Group, a e-commerce company, with participation from 468 Capital, Presight Capital, Blackrock, GFC, and Redalpine. “The acquisition of Valoreo immediately allows us to capitalize on the significant e-commerce opportunity and accelerates our global growth and consolidation strategy. Latin America is the fastest growing e-commerce market in the world, with strong secular consumer trends that will continue to drive long-term growth. We’re pleased to welcome Valoreo, its brands as well as its great team to Razor Group as we build on the strong foundation it has established in Mexico, Brazil and Colombia,” Tushar Ahluwalia, Razor Group Co-Founder and CEO.
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