FEMME Receives Significant Investment from L Catterton Latin America
SAO PAULO and GREENWICH, Conn., Feb. 5, 2019
SAO PAULO and GREENWICH, Conn., Feb. 5, 2019 /PRNewswire/ -- FEMME – Laboratório da Mulher, ("FEMME" or the "Company"), a leader in women's healthcare based in São Paulo, today announced a significant investment from the Latin America fund of L Catterton, the largest and most global consumer-focused private equity firm in the world. L Catterton's investment will be used to support and accelerate FEMME's expansion and growth in Brazil.
Founded by two doctors and entrepreneurs, Professor Dr. Rogério Ciarcia Ramires and Professor Dr. Décio Roveda Júnior, FEMME has six laboratories dedicated to meeting the healthcare needs of women. The Company currently offers women diagnostic gynecology, ultrasound, fetal medicine, breast imaging, genetics, pathology lab and blood tests. The partnership with L Catterton will provide the FEMME team with resources to scale the Company's growth by expanding the number of clinics, rolling out additional services and driving adoption through enhanced marketing efforts.
"We are delighted to partner with L Catterton at this exciting time for FEMME," said Professor Dr. Rogério Ciarcia Ramires, Chief Executive Officer and Co-founder of FEMME. "With global resources and a local focus, L Catterton has a deep understanding of the Latin American consumer. Their team brings an unparalleled expertise in building leading companies across all consumer categories, including consumer health, which makes them an ideal partner for FEMME as we focus on serving women across Brazil."
Professor Dr. Décio Roveda Júnior, Vice President and Co-founder of FEMME added, "This investment supports FEMME's expansion and has significant potential to enhance our leading offerings for women. With L Catterton's resources and support, we will elevate our brand to the next level while continuing to offer the quality and efficiency our clients expect."
"FEMME is ideally positioned to capture the significant opportunity in Brazil's growing consumer healthcare category," said Farah Khan, Partner, L Catterton Latin America. "The trust that FEMME has developed with doctors and patients provides a solid foundation on which to build as the Company expands its offerings. We look forward to partnering with FEMME's founders and management team to support their vision of offering a truly differentiated healthcare experience for women."
"We see tremendous potential in FEMME as a curated experience offering best in class doctors, equipment and service at affordable prices to their patients," said Julio Babecki, Managing Partner, L Catterton Latin America. "We are thrilled about this opportunity and, as the population continues to prioritize their health, we are confident FEMME will be another great success story in the developing heathcare category."
L Catterton has deep experience investing in consumer healthcare brands, including investments in CareDent, dentalcorp, Cortiva Institute, PatientPoint and Pain Doctor. In Latin America, current investments include Bodytech (Colombia), Espaçolaser, Rapsodia, Grupo St. Marche, Cholula and Luigi Bosca.
About FEMME – Laboratório da Mulher
Based in São Paulo, FEMME - Laboratório da Mulher is a leading healthcare provider for women. FEMME currently has six laboratories dedicated exclusively to women's health and currently offers diagnostic gynecology, ultrasound, fetal medicine, breast imaging, genetics, pathology lab and blood tests. For more information about FEMME, please visit: www.laboratoriodamulher.com.br | facebook.com/femmelaboratorio | @femmelab
About L Catterton
With over $15 billion of equity capital across six fund strategies in 17 offices globally, L Catterton is the largest consumer-focused private equity firm in the world. L Catterton's team of more than 150 investment and operating professionals partners with management teams around the world to implement strategic plans to foster growth, leveraging deep category insight, operational excellence, and a broad thought partnership network. Since 1989, the firm has made over 200 investments in leading consumer brands. L Catterton was formed through the partnership of Catterton, LVMH and Groupe Arnault. For more information about L Catterton, please visit lcatterton.com.
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