L Catterton plans to invest about $313m across five Japanese consumer businesses over the next three years, strengthening its presence in one of Asia’s most active private equity markets, according to Bloomberg.

The private equity firm has around ¥50bn in available deal capacity through a mix of equity and debt financing, according to its Japan leadership.

The strategy will focus on sectors including cosmetics, food, pet care, and restaurants, where the firm has extensive consumer sector expertise. The firm primarily targets private, family-run companies facing succession challenges or businesses seeking support for expansion.

Japan has emerged as a standout private equity market in Asia. Deal value in the country increased 81% to $33.4bn last year, even as overall transaction volumes across the region declined.

L Catterton was formed in 2016 through the merger of Catterton and the private equity unit of luxury group LVMH. The firm manages approximately $40bn globally.

Since establishing its Japan office in 2017, the firm has invested in nine companies. Its portfolio includes businesses such as furniture distributors, fashion brand Kapital, and the world’s largest chain of Kobe beef restaurants.

Among its recent investments is restaurant operator HUGE, which runs premium wine bars and dining venues. The company aims to double annual revenue to roughly ¥30bn as it expands into markets including Hong Kong, Singapore, and other parts of Southeast Asia.

The expansion reflects L Catterton’s strategy of partnering with consumer brands and leveraging its global network to support growth across international markets.

If you think we missed any important news, please do not hesitate to contact us at [email protected].

Can`t stop reading? Read more.