We are a blank check company newly incorporated as a Cayman corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities (“Initial Business Combination”).
We have not selected any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. While we may pursue an initial target business in any industry or sector, we intend to focus our search in high-growth, consumer technology sectors across Asia.
We are led by Mr. Chinta Bhagat (Co-CEO), and Mr. Scott Chen (Co-CEO), both of whom are Managing Partners of L Catterton Asia, a wholly-owned fund platform of L Catterton and an important member of the L Catterton family of funds.
L Catterton is one of the largest and most experienced consumer-focused investment firms in the world, with over $22 billion in assets under management. Since its founding in 1989, the firm has focused exclusively on building iconic and enduring consumer brands. L Catterton seeks to partner with differentiated brands in advantaged categories using a highly thesis-driven approach, focusing specifically on attractive and high-growth opportunities with long-term value creation potential.
Our sponsor, LCA Acquisition Sponsor, LP, is wholly owned directly or indirectly by L Catterton Asia 3, the third Asia-focused growth fund raised by L Catterton Asia. We will target IPO-ready companies as part of the investment program of L Catterton Asia 3. As a core component of this platform, we will have full access to the capabilities, relationships and resources of L Catterton in Asia and globally.
Launched in 2009, L Catterton Asia is the largest Pan-Asian consumer-focused private equity firm that operates within a global firm. Headquartered in Singapore, L Catterton Asia has strong regional presence with local offices and teams in Hong Kong, Mumbai, Shanghai, Sydney, and Tokyo. L Catterton Asia combines its primary market knowledge with L Catterton’s domain expertise to drive its category selection and invests in distinctive fast growing consumer businesses in Asia.