L Catterton Latin America Acquisition Withdraws $200M IPO

L Catterton Latin America Acquisition in a letter to the SEC said it is withdrawing an offering of 20 million units initially registered in June 2021.

The SPAC had planned to target high-growth consumer sectors across Latin America. 

Executive Chairman Dirk Donath is a managing partner at L Catterton focused on Latin America. He was a senior managing director and partner at Eton Park Capital Management. Previously, he was a founding partner and managing director of Pegasus Capital. Before Pegasus, Donath was a partner at McKinsey & Company.

L Catterton was expected to list on the NYSE under LCLA.U witrh Credit Suisse serving as sole book-running manager. Read more.

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