L Catterton Acquires Controlling Interest in West Marine
April 14, 2021
L Catterton has entered into a definitive agreement to acquire a controlling interest in West Marine from Monomoy Capital Partners; terms were not disclosed and the transaction was expected to close in May/second quarter 2021. West Marine is the leading omni-channel marine aftermarket retailer with 237 stores across 38 states and Puerto Rico and two eCommerce platforms; L Catterton plans to accelerate the company’s omni-channel, digital and consumer engagement capabilities.
- Buyers
- L Catterton
- Targets
- West Marine, Inc.
- Sellers
- Monomoy Capital Partners
- Industry
- Retail
- Location
- Florida, United States
- Transaction Type
- Buyout
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