L Catterton

Freetrade, a European commission-free trading app for globally-listed stocks and ETFs, announced the raise of about $38 million (£30 million) in debt, which it will convert later to equity. Why It Matters: To bolster post-pandemic innovation after “the peak of the public markets,...

McCormick & Company, Incorporated (NYSE: MKC) is nearing an $800 million deal to acquire hot-sauce maker Cholula from private-equity firm L Catterton, the Wall Street Journal reports. The acquisition talks could finalize by Tuesday if the deal doesn't fall apart. What Happened:...

L Catterton has announced it will acquire Del Frisco’s Restaurant (NASDAQ: DFRG) and in an all cash transaction valued at $650 million. Del Frisco’s stockholders will receive $8 per share, which is a 22% premium to the closing share price on Dec. 19, 2018. The stock spiked on May 20...