L Catterton Prospects New Expense Spherical in Razor Group

$70 Million Financing Spherical Led by L Catterton to Help Razor’s Management as a Worldwide E-Commerce Operator

Razor Team Acquires VALOREO to Advance Worldwide Expansion Technique

GREENWICH, Conn. and BERLIN, Dec. 22, 2022 /PRNewswire/ — L Catterton, a current market-primary customer-targeted financial investment firm, today introduced that its Latin America fund has led a $70 million funding spherical for Razor Group (“Razor”), a top world wide aggregator of e-commerce client products firms, advancing the firm’s extensive-time period conviction in the e-commerce aggregator classification. Other buyers taking part in the investment decision spherical include 468 Money and Presight Money.

Founded in Berlin in 2020, Razor’s mission is to make a subsequent generation world wide client items conglomerate by acquiring profitable e-commerce organizations and on the internet retailers and giving them with the scale, skills, and methods to extend their achieve to clients throughout the world. With a concentration on backing organizations with the greatest item quality and shopper pleasure, Razor intends to use the funding from this expense round to execute chosen consolidation possibilities, to help organic and natural expansion initiatives targeted on manufacturer extensions and new product progress, and to increase its global presence.

“We are happy to have obtained the validation for our approach from a shopper investor of L Catterton’s caliber,” reported Tushar Ahluwalia, Co-Founder and CEO at Razor Group. “Leveraging our e-commerce and operational knowledge to assistance our manufacturers attain their whole opportunity is a main element of our method. This funding spherical not only presents us with supplemental capital to aid our roll-up engine, but our spectacular line-up of new and current traders presents us an unmatched understanding of global buyers and excellent working expertise to aid our brands grow and prosper, advancing our place as one particular of the major e-commerce aggregator platforms. We are self-assured that these partnerships will drive major benefit-development chances for Razor as we continue on to develop a international powerhouse.”

“At L Catterton, we have a deep comprehension of the e-commerce ecosystem and carry on to consider that this place will see substantial long-expression progress across various areas, types, and marketplaces, with the option for many tactics to succeed,” mentioned Ramiro Lauzan, a Lover at L Catterton. “In only two a long time, Razor has made impressive scale and operating capabilities, retaining robust advancement costs and balanced profitability degrees in a hard macro context – therefore rising as one of the primary global e-commerce gamers. We believe that Razor will be at the forefront of the sector’s impending global consolidation, and we are energized to aid them on that journey.”

As an rapid first step of this technique, Razor also announced that it has obtained VALOREO, the foremost e-commerce player in Latin America backed by popular institutional buyers like L Catterton, Kaszek Ventures, and Presight Funds, offering Razor a sizeable existence in the location. About the final 12 months, Razor Group has produced close to $400 million in Professional-Forma LTM Internet Revenues.

“The acquisition of VALOREO promptly lets us to capitalize on the sizeable e-commerce possibility and accelerates our world progress and consolidation technique,” added Ahluwalia. “Latin The us is the fastest increasing e-commerce market in the planet, with strong secular purchaser trends that will proceed to travel lengthy-expression development. We are delighted to welcome VALOREO, its brands as very well as its terrific group to Razor Team as we build on the solid basis it has proven in Mexico, Brazil, and Colombia.”

Stefan Florea and Martin Florea, Co-Founders and Co-CEOs of VALOREO, explained, “Because we started VALOREO, our concentration has always been connecting shoppers to high high quality products and solutions at inexpensive selling prices. By signing up for forces with Razor Team, we will speed up our ability to achieve that mission. We are confident that this transaction is the finest path forward for VALOREO and all our stakeholders. We recognize the dedication of our incredible crew and the contributions of absolutely everyone who has supported us in reaching this essential milestone.”

L Catterton has substantial experience investing in the e-commerce aggregator room across the world. Recent and former investments include SellerX, Dragonfly, and Nebula.

About Razor Group
The Razor Group GmbH (“Razor”) was started by e-commerce authorities and serial founders Tushar Ahluwalia, Christoph Gamon, Shrestha Chowdhury & Dr. Oliver Dlugosch. The Berlin-based mostly organization acquires profitable Amazon FBA organizations and other online marketplaces sellers which have continuously shown remarkable solution excellent, exceptional shopper pleasure and sharp company acumen. Razor pairs major expansion money with substantial e-commerce know-how, therefore ensuring that the acquired corporations reach the up coming stage in their advancement. Razor defines by itself as purchaser goods keeping with a apparent strategic aim on distinct products types, prolonged-phrase price development and globe-course shopper gratification.

For extra info: www.razor-group.com

About L Catterton
L Catterton is a market place-major shopper-centered financial investment organization, running far more than $30 billion of cash across three multi-solution platforms: personal equity, credit, and authentic estate. Leveraging deep class perception, operational excellence, and a broad community of strategic interactions, L Catterton’s group of additional than 200 financial investment and working gurus throughout 17 places of work companions with management groups to travel differentiated worth generation throughout its portfolio. Established in 1989, the company has made more than 250 investments in some of the world’s most legendary purchaser models. For much more data about L Catterton, please visit lcatterton.com.

About VALOREO
VALOREO is Latin America’s following-gen client holding enterprise. Started in 2020 by Martin & Stefan Florea, Alexander Grüll, Cedrik Hoffmann, and Miguel Oehling, the staff brings together experience in Personal Fairness, Financial commitment Banking, e-commerce, Startups, and Provide Chain Management.

For additional information, stop by https://www.valoreo.com/

Media Contact:

Julie Hamilton
Running Director, Agency Communications
[email protected]
203.742.5185

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