Latham & Watkins advised L Catterton on the $70 million financing round the consumer-focused private equity firm’s Latin America fund is leading for Razor Group, a global aggregator of e-commerce businesses.
Other investors participating in the financing round for Berlin-based Razor include tech investment firm 468 Capital and venture capital fund Presight Capital, according to a statement.
L Catterton said it sees significant long-term growth for e-commerce aggregators across different regions, categories, and marketplaces.
Founded in Berlin in 2020, Razor says the new funding supports its strategy of acquiring profitable e-commerce businesses and online merchants and providing them with scale, ...
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