Business Broker Blog

A well-known Portland brand changes hands ... again

Hanna Andersson has been acquired by East Coast private equity firm L Catterton. Terms were not disclosed.

Greenwich, Conn.-based L Catterton, which describes itself as the world's largest consumer-focused private equity firm, said it will keep Hanna Andersson's management team, including CEO Adam Stone, who will continue to operate the business from its Portland headquarters.

L Catterton bought the company from Sun Capital, which had purchased the retailer in 2008.

L Catterton said it plans to?

Added on 08/02/2016

by Business Broker Blog

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