{"id":8886,"date":"2018-07-27T00:00:00","date_gmt":"2018-07-27T04:00:00","guid":{"rendered":"https:\/\/livingstagenew.wpenginepowered.com\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/"},"modified":"2026-06-25T13:22:27","modified_gmt":"2026-06-25T17:22:27","slug":"livingstone-makes-the-right-call-for-l-catterton","status":"publish","type":"transaction","link":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/","title":{"rendered":"Livingstone makes the right call for L Catterton"},"content":{"rendered":"\n<p><strong>Livingstone Partners\u2019 Debt Advisory team is pleased to announce the successful refinancing of Penumbra Brands, a portfolio company of&nbsp;L&nbsp;Catterton. BBVA Compass Bank provided the financing, which allows Penumbra to continue to evolve its product offering and broaden distribution reach.<\/strong><\/p><p><em>\u201cLivingstone ran a highly efficient and organized process. The team laid out a clear strategy, which allowed us to focus on running our business while Livingstone cleared the market for the best pricing and structure. We are extremely happy with the outcome,\u201d<\/em> commented <strong>Gentry Jenson, CEO of Penumbra Brands.<\/strong><\/p><p>A leader in the smartphone accessories market, Penumbra Brands provides high-quality tempered glass and polyurethane screen protectors alongside additional products to a wide variety of smartphone models. In addition, the Company owns a proprietary intellectual property portfolio of smartphone radiation protection and signal enhancement technology. Due to its best-in-class product portfolio, value-added services, and key relationships, Penumbra\u2019s products are available at approximately 8,500 retail locations.<\/p><p><em>\u201cLivingstone\u2019s knowledge and reach within the debt markets allowed them to find the right financial partner for us on terms that support Penumbra\u2019s growth plans,\u201d <\/em>remarked <strong>Alice Lee, Vice President at&nbsp;L&nbsp;Catterton.<\/strong><\/p><p>With over $15 billion of equity capital across six fund strategies in 17 offices globally,&nbsp;L&nbsp;Catterton is the largest consumer-focused private equity firm in the world.&nbsp;L&nbsp;Catterton\u2019s 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. In addition to Penumbra,&nbsp;L&nbsp;Catterton has invested in several consumer electronics companies including Case Logic, SteelSeries, and Cellularline.<\/p><p><em>\u201cGiven the amount of refinancing activity in the cell phone accessories sector, we had to ensure we positioned both Penumbra and&nbsp;L&nbsp;Catterton, and differentiated them from their competitors,\u201d<\/em> stated <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/team\/tom-lesch\"><strong>Tom Lesch<\/strong><\/a><strong>, Partner at Livingstone.<\/strong> <em>\u201cGentry\u2019s leadership at Penumbra, coupled with&nbsp;L&nbsp;Catterton\u2019s support, allowed us to refinance Penumbra\u2019s debt at a low rate with favorable amortization.\u201d<\/em><\/p><p>Penumbra represents another successful debt raise for Livingstone\u2019s growing list of private equity sponsors, which now includes&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/albireoenergyacquirestaylorconsulting\/\">Huron Capital<\/a>,&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/livingstone-raises-financing-hastings-manufacturing-cross-border-merger\/\">RFE Investment Partners<\/a>,&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/debtraisefortayloredservices\/\">Saybrook Opportunity Funds<\/a>,&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/livingstone-inspects-debt-markets-for-calvert-street-capital-partners\/\">Calvert Street Capital Partners<\/a>,&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/livingstone-advises-on-refinancing-for-brockway-moran-portfolio-company\/\">Brockway Moran<\/a>,&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/livingstone-fulfills-financing-for-rotunda-capital-partners\/\">Rotunda Capital<\/a>,&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/livingstone-shines-for-sun-capital-partners\/\">Sun Capital<\/a>,&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/bank-of-america-and-medley-capital-back-jd-norman-industries-acquisition-strategy-3\/\">Medley Capital<\/a>, and&nbsp;<a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/transactions\/heat-transfer-products-group-3\/\">Monomoy Capital<\/a>. The Penumbra transaction further reinforces Livingstone as the advisor of choice for financial sponsors seeking access to the debt capital markets for the best pricing and terms for complex situations.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":3433,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-8886","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":[1195,1189],"date":"20180727","client_type":42,"type":[1114],"region":[376],"services":[436],"sectors":[635,639,488,634],"related_transactions":"","related_testimonials":[50820],"contacts":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Livingstone makes the right call for L Catterton - Livingstone Partners<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Livingstone makes the right call for L Catterton - Livingstone Partners\" \/>\n<meta property=\"og:url\" content=\"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/\" \/>\n<meta property=\"og:site_name\" content=\"Livingstone Partners\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-25T17:22:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/83d55797.png\" \/>\n\t<meta property=\"og:image:width\" content=\"550\" \/>\n\t<meta property=\"og:image:height\" content=\"370\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/livingstone-makes-the-right-call-for-l-catterton\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/livingstone-makes-the-right-call-for-l-catterton\\\/\",\"name\":\"Livingstone makes the right call for L Catterton - Livingstone Partners\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/livingstone-makes-the-right-call-for-l-catterton\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/livingstone-makes-the-right-call-for-l-catterton\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/83d55797.png\",\"datePublished\":\"2018-07-27T04:00:00+00:00\",\"dateModified\":\"2026-06-25T17:22:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/livingstone-makes-the-right-call-for-l-catterton\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/livingstone-makes-the-right-call-for-l-catterton\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/livingstone-makes-the-right-call-for-l-catterton\\\/#primaryimage\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/83d55797.png\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/83d55797.png\",\"width\":550,\"height\":370},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/livingstone-makes-the-right-call-for-l-catterton\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transactions\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/transaction\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Livingstone makes the right call for L Catterton\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/\",\"name\":\"Livingstone Partners\",\"description\":\"Deals Done Right.\",\"publisher\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#organization\",\"name\":\"Livingstone Partners\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"caption\":\"Livingstone Partners\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Livingstone makes the right call for L Catterton - Livingstone Partners","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/","og_locale":"en_US","og_type":"article","og_title":"Livingstone makes the right call for L Catterton - Livingstone Partners","og_url":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/","og_site_name":"Livingstone Partners","article_modified_time":"2026-06-25T17:22:27+00:00","og_image":[{"width":550,"height":370,"url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/83d55797.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/","url":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/","name":"Livingstone makes the right call for L Catterton - Livingstone Partners","isPartOf":{"@id":"https:\/\/livingstonepartners.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/#primaryimage"},"image":{"@id":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/#primaryimage"},"thumbnailUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/83d55797.png","datePublished":"2018-07-27T04:00:00+00:00","dateModified":"2026-06-25T17:22:27+00:00","breadcrumb":{"@id":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/#primaryimage","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/83d55797.png","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/83d55797.png","width":550,"height":370},{"@type":"BreadcrumbList","@id":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-makes-the-right-call-for-l-catterton\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/livingstonepartners.com\/en\/"},{"@type":"ListItem","position":2,"name":"Transactions","item":"https:\/\/livingstonepartners.com\/en\/transaction\/"},{"@type":"ListItem","position":3,"name":"Livingstone makes the right call for L Catterton"}]},{"@type":"WebSite","@id":"https:\/\/livingstonepartners.com\/en\/#website","url":"https:\/\/livingstonepartners.com\/en\/","name":"Livingstone Partners","description":"Deals Done Right.","publisher":{"@id":"https:\/\/livingstonepartners.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/livingstonepartners.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/livingstonepartners.com\/en\/#organization","name":"Livingstone Partners","url":"https:\/\/livingstonepartners.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/livingstonepartners.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","caption":"Livingstone Partners"},"image":{"@id":"https:\/\/livingstonepartners.com\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction\/8886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction"}],"about":[{"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/types\/transaction"}],"version-history":[{"count":1,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction\/8886\/revisions"}],"predecessor-version":[{"id":73067,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction\/8886\/revisions\/73067"}],"acf:post":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/testimonial\/50820"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/team-member\/1189"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/team-member\/1195"}],"acf:term":[{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/sector\/634"},{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/sector\/639"},{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/sector\/635"},{"embeddable":true,"taxonomy":"service","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/service\/436"},{"embeddable":true,"taxonomy":"region","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/region\/376"},{"embeddable":true,"taxonomy":"transaction-type","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction-type\/1114"},{"embeddable":true,"taxonomy":"client-type","href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/client-type\/42"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/media\/3433"}],"wp:attachment":[{"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/media?parent=8886"}],"wp:term":[{"taxonomy":"client-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/client-type?post=8886"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/region?post=8886"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/sector?post=8886"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/service?post=8886"},{"taxonomy":"transaction-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/en\/wp-json\/wp\/v2\/transaction-type?post=8886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}