Affinity acquired Trimco from Partners Group for $520m.

Affinity Equity Partners agreed to acquire Trimco International Holdings, a Hong Kong-headquartered apparel-labeling producer, on behalf of its clients from Partners Group, the global private markets investment manager. The company will be acquired for a total consideration of $520m, generating a 3.4x return for Partners Group on its original investment. Amy Wan, COO of Trimco, comments: "Over the last five years, we have worked hand-in-hand with the Partners Group team during a period of continuous growth and development for our business. Partners Group's global footprint and expansive network have enabled us to fast-forward our international expansion strategy through targeted add-on acquisitions as well as organic growth. As we change ownership, we are proud to reflect on this tremendous growth trajectory."