Boll & Branch has received a $100 million strategic investment from the Flagship Buyout Fund of L Catterton. The retailer will use the funds to fuel its growth, accelerate the expansion of its retail and wholesale businesses and support its direct-to-consumer business.
"We have grown quickly since our launch in 2014, and are thrilled to welcome L Catterton to the Boll & Branch family,” said Scott Tannen, Founder and CEO of Boll & Branch, in a statement. “L Catterton brings unmatched experience in direct-to-consumer retail and home goods and is the ultimate value-added partner."
Boll & Branch puts an emphasis on sustainability by using certified-organic cotton and transparent business practices, including a Fair Trade certified supply chain. L Catterton has been investing in brands with a similar focus on corporate responsibility, including Elemis, Mizzen+Main, Restoration Hardware and ThirdLove.