Jessica Alba’s Honest Company Gets $200 Million Investment From Private-Equity Firm

L Catterton is investing in consumer-goods company co-founded by Jessica Alba to expand business globally

The Honest Company, an eco-friendly consumer-goods firm co-founded by actress Jessica Alba, is receiving a $200 million minority investment from private-equity firm L Catterton.

The investment, announced Wednesday, would help Honest expand its business globally, increase its product supply and fund innovation, the company said.

L Catterton...