L Catterton, a global consumer-focused investment firm, agreed to acquire a majority stake in KIKO Milano, an Italian beauty brand. Financial terms were not disclosed. "We have long admired KIKO for its distinctive style, quality products, and global appeal and are deeply honored to partner with Antonio and the Percassi Family to further build on the strength of this iconic brand, alongside industry veteran and L Catterton senior advisor, John Demsey," Nik Thukral, L Catterton Managing Partner.