Deals
Jessica Alba's Honest Co. Gets Investment From L Catterton
- $200 million investment will help Honest boost supply chain
- L Catterton focuses on consumer brands, owns Bliss, Elemis
Jessica Alba
Photographer: Patrick T. Fallon/Bloomberg
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Honest Co., the baby goods and personal-care retailer co-founded by actress Jessica Alba, is getting a $200 million investment from private equity firm L Catterton.
The investment, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach, according to a statement Wednesday. The size of the stake wasn’t disclosed.