Good Culture Acquired by L Catterton — Consumer M&A

L Catterton has acquired Good Culture, a food beverage retail business in Texas, for $39 billion. Good Culture operates in the consumer food and beverage retail space, offering products that appeal to health-focused shoppers across Texas markets. L Catterton acquisitions add a platform acquisition in consumer M&A, expanding its private equity acquisition footprint in TX acquisitions. The announced platform acquisition is structured as a majority stake deal, with deal terms reported as $5 million and $5 billion alongside the $39 figure, and is expected to close after customary approvals.