L Catterton, a global private equity firm based in Greenwich, Conn., has led a $70 million funding round for Razor Group, a global aggregator of e-commerce consumer goods businesses, through its Latin America fund.
Founded in Berlin in 2020, Razor is focused on building a global consumer goods conglomerate by acquiring e-commerce businesses and online merchants and providing them with the scale and resources to expand their reach to customers. Razor aims to use the funding from this investment round to execute consolidation opportunities, to support organic growth initiatives and product development and expand its international presence. Other investors participating in the investment round include 468 Capital and Presight Capital.
This financing round not only provides us with additional capital to support our roll-up engine, but our impressive line-up of new and existing investors gives us an unmatched understanding of global consumers and exceptional operating expertise to help our brands grow and thrive, advancing our position as one of the leading e-commerce aggregator platforms,” comments Tushar Ahluwalia, co-founder and CEO at Razor Group.