L Catterton makes a “significant” investment in menswear start-up Mizzen+Main

The Dallas-based menswear start-up has raised its third round of funding from the private equity firm that manages 15 billion dollars in funds.

Mizzen+Main, an American-made menswear brand, announced Wednesday that it has received a significant growth investment from L Catterton, the largest consumer-focused private equity firm in the world.

According to the company’s release, L Catterton’s capital investment will be used to support Mizzen+Main’s growth by expanding the brand’s product offering and omni-channel presence.

The investment was made from L Catterton’s Growth Fund and no further detail or terms from the transaction have been disclosed.

Founded in 2012 by CEO Kevin Lavelle, Mizzen+Main describes itself as a digitally native designer, wholesaler and retailer of American-made, performance-focused menswear.

“We’re thrilled to receive this growth investment from L Catterton, which is an ideal partner for high growth apparel brands,” said Lavelle in a news release.

“Mizzen+Main is already the preferred clothing line for active men seeking an authentic American brand with superior design and fabrics. With L Catterton’s deep understanding of consumer trends and the retail space, along with their expertise in helping to grow digitally-native brands, we will increase our product offering, expand our footprint, and continue to identify innovative new fabrics that provide our customers with the most comfortable and natural fit possible. We look forward to working closely with L Catterton to become the next great American brand.”

Commenting their investment, Jon Owsley, Co-Managing Partner of L Catterton’s Growth Fund said that “Mizzen+Main has created a truly unique brand, combining the comfort and performance of activewear with the classic styles men demand.”