L Catterton completed the acquisition of a majority stake in Kisshokichi Holdings.

L Catterton, a global consumer-focused investment firm, completed the acquisition of an undisclosed majority stake in Kisshokichi Holdings, a Kobe beef restaurant chair. Financial terms were not disclosed. “Our mission since the very beginning has been to ‘bring the deliciousness of Kobe beef to as many people as possible’. Partnering with L Catterton augments our ability to achieve this mission as it has a remarkable track record of empowering founders to realize their long-term goals and create enduring legacies. The firm’s industry experience, consumer insights, as well as functional expertise will be invaluable as we pursue our ambitions and we are confident that its support will help drive our growth. We are keen to start executing our shared expansion plan, principally in Japan, and potentially also enter overseas markets, enabling people from all across the world to enjoy Kobe beef.” Kiyomi Akagi, Kisshokichi Holdings Founder and Chairman.