L Catterton is the world's largest consumer-focused private equity firm, 40%-owned by luxury conglomerate LVMH and the Arnault family, with portfolio brands including Birkenstock. Its current and former holdings on Ferret span dining, fitness, and clothing, including two it has since sold (CorePower Yoga and Everlane).
Assets under management: ~$40B (2026) · 6 companies on Ferret
Chopt
Dining · 105+ locations — Chopt is an environmentally committed salad chain, with compostable packaging and 500+ named farm partners. Ownership is a separate story: it's been fully PE-owned since 2015, and the founders have been out of the picture for nearly a decade.
Solidcore
Fitness · 179+ locations — Solidcore's founder sold out to private equity in April 2023, and that firm flipped it to another one 17 months later. Instructors average about $40K a year on per-class pay that skips training time.
Equinox
Fitness · 115+ locations — Equinox sells a $40,000-a-year membership tier with a waitlist. Separately, its labor record includes an $11.25M discrimination verdict and a $36M wage settlement covering 15,000+ workers, and no founders remain.
CorePower Yoga
Fitness · 230+ locations — CorePower Yoga is a PE-owned, 200-plus-studio chain that's had two owners since 2013. Its teachers walked out in February 2026 over per-class pay; the company answered with three raises that year, and the organizing campaign still hasn't resolved.
Everlane
Clothing · 11+ locations — Everlane built its brand on 'radical transparency.' It laid off workers right after they moved to unionize, lost its founder, and was finally sold to Shein in 2026: the fast-fashion giant its marketing once defined itself against.
Ganni
Clothing · 68+ locations — Ganni's Copenhagen-cool image is real, but the label has been majority-owned by private equity firm L Catterton since 2017, which has been shopping the stake to new buyers since 2022. Co-founder Ditte Reffstrup still leads design as creative director; co-founder Nicolaj Reffstrup now focuses on sustainability strategy, not day-to-day operations.
Firm data last updated August 2026