CantuStore, an Itajaí, Santa Catarina, Brazil-based omnichannel aftermarket tire retailer and distributor, received an investment from L Catterton.
The amount of the deal – expected to close in the fourth quarter of 2022, subject to customary closing conditions – was not disclosed.
The company intends to use the funds to get the resources and knowledge necessary to accelerate customer acquisition, expand to new tire segments, and execute M&A opportunities.
Founded by Beto Cantu (CEO), CantuStore provides a technology and logistics platform that enables tire solutions, guiding buyers and sellers to offer products and services for a 360° experience, in order to open paths for people and businesses to evolve. CantuStore is the holding company that controls CantuPneus, a tire importer and distributor, and PneuStore, a tire e-commerce operating in Brazil. The company has five Distribution Centers and 39 branches in all regions of Brazil to offer complete tire solutions.
FinSMEs
14/11/2022