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L Catterton Acquires Kodiak Cakes


L Catterton Acquires Kodiak Cakes
Positions High-Growth, Better-for-You Food Brand for Continued Expansion and Innovation
With a Loyal Following from the Active, Modern Consumer, Company is Poised to Broaden Leadership Across Categories
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PARK CITY, Utah and GREENWICH, Conn., May 25, 2021 /PRNewswire/  
L Catterton, the largest global consumer-focused private equity firm, today announced that it has acquired Kodiak Cakes ( Kodiak or the Company ), a fast-growing food business built on a mission to inspire healthier eating and active living. Terms of the transaction were not disclosed. Kodiak s existing shareholders, including Sunrise Strategic Partners, Trilantic North America, and the Company s founders and management team, will continue to own a significant minority stake in the Company going forward. ....

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