Consumers are increasingly demanding, and e-commerce providers have more information than ever to meet the demands. Retailers are looking for ways to improve convenience and add more personalized experiences for customers. As a result, strategic buyers and private equity firms are turning to M&A.
L Catterton has agreed to buy pool supplies company Leslie’s Holdings Inc. from CVC Capital Partners in January 2017. GIC, an investment firm and sovereign wealth fund in Singapore, is also investing alongside L Catterton.