Nexta and Davidson Kempner completed the acquisition of Jojo Maman Bebe.

Nexta, a multinational clothing firm, and Davidson Kempner, a private equity company, completed the acquisition of Jojo Maman Bebe, a boutique mother & baby brand. Financial terms were not disclosed. “Next is delighted at the prospect of its Total Platform supporting JoJo on the next stage of its growth and development. We are excited to see what can be achieved through the combination of JoJo’s exceptional product with Next’s infrastructure and Davidson Kempner as our investment partner,” Simon Wolfson, Next CEO.