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L Catterton invests $100M in sustainable home goods company Boll & Branch

Consumer-focused private equity firm L Catterton Partners made a $100 million strategic investment in Boll & Branch LLC out of its flagship buyout fund.

The sustainable home goods designer and retailer will use the new funding to boost the expansion of its retail and wholesale businesses, support its direct-to-consumer business, broaden its selling channels, and develop its product lines into new and adjacent categories.

The company, which will keep its headquarters in Summit, N.J., will continue to be led by its founders, Scott and Missy Tannen, and its existing leadership team.