Announced
Completed
Financials
Tags
Clothing and Accessories
activewear clothes
Germany
Acquisition
Minority
Completed
Private
Cross Border
Single Bidder
Friendly
Private Equity
Synopsis
Auster Capital, a private equity manager, completed the investment in oceansapart, an activewear apparel company. Financial terms were not disclosed. "We are very impressed by management team’s success in building oceansapart as a fast-growing data-driven business, and are confident to support its next stage of international growth. We are also delighted to share such vision with Altor and existing investors, and look forward to working with the management team in realising this potential," Jennifer Yu, Auster Capital Founder and CEO.
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