Bloomberg Law
April 20, 2022, 2:55 PM

L Catterton Is Said to Explore Sale of Jeweler John Hardy

Crystal Tse
Crystal Tse
Bloomberg News
Vinicy Chan
Vinicy Chan
Bloomberg News

John Hardy, the jewelry brand founded in Bali in 1975, is exploring a sale after being acquired by private equity firm L Catterton about eight years ago, according to people with knowledge of the matter.

The consumer-brand focused buyout firm is seeking to fetch about $200 million for the business, the people said, asking not to be identified discussing private information. L Catterton acquired John Hardy in 2014 from London-based private equity firm 3i Group for an undisclosed price, according to a statement.

John Hardy, which is working with an investment bank on the process, has attracted interest ...

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