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L Catterton Explores Sale of Jeweler John Hardy

John Hardy, the jewelry brand founded in Bali in 1975, is exploring a sale after being acquired by private equity firm L Catterton about eight years ago, according to people with knowledge of the matter.

The consumer-brand focused buyout firm is seeking to fetch about $200 million for the business, the people said, asking not to be identified discussing private information. L Catterton acquired John Hardy in 2014 from London-based private equity firm 3i Group for an undisclosed price, according to a statement.