Eurazeo to acquire a minority stake in Herschel Supply for $60m.

Eurazeo, a global investment company, agreed to acquire a minority stake in Herschel Supply, a design-driven global lifestyle brand, for $60m. “Herschel has established a strong, authentic brand that has enabled them to design, market, and sell timeless and high-quality accessories, addressing the needs of today’s modern, multi-tasking consumer. Herschel reimagined the backpack and in doing so changed the category forever, but that was just the beginning. We are thrilled to partner with Herschel management, ACG and HOOPP to leverage the company’s powerful customer engagement and accelerate growth across categories, channels and geographies,” Adrianne Shapira, Eurazeo Managing Director.