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L Catterton Makes Strategic Investment in Multi-Concept Restaurant Group HUGE
L Catterton's strategic investment supports HUGE's growth in Japan's premium dining sector and international expansion with a 470,000-strong loyalty program membership.
- Today, L Catterton announced a definitive agreement to make a strategic investment in HUGE, aiming to position the multi-concept restaurant group in Japan for growth domestically and overseas.
- HUGE, founded in 2005, runs 47 premium casual restaurants across Tokyo metropolitan area and other major Japanese cities, offering elevated dining across multiple cuisines.
- Managing approximately $39 billion, L Catterton has invested in around 30 restaurant businesses and its team of more than 200 investment and operating professionals across 18 offices supports operations.
- Partnering with L Catterton, HUGE will work with founder Yoshihiro Shinkawa to scale after acquiring Kisshokichi, optimizing operations to boost growth in Japan and overseas.
- Bolstered by rising demand for experiential dining, the premium experiential dining segment is forecast to remain the fastest-growing, while L Catterton's fund range of $5 million to $5 billion supports flexible scaling.
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Total News Sources43
Leaning Left2Leaning Right6Center17Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
C 68%
R 24%
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