Announced
Completed
Financials
Tags
Cross Border
Majority
Private
Single Bidder
value clothing retailer
Apparel Retailers
Acquisition
Germany
Private Equity
Friendly
Completed
Synopsis
Consortium led by Silverpoint Capital, Napier Park, Alba Core agreed to invest in Takko Fashion, a value clothing retailer. Financial terms were not disclosed. “We are looking forward to welcoming our new shareholders, whose experience in the industry will allow us to further strengthen our business across Europe. Takko Fashion’s discount model has again and again proven its strength, resilience, and potential and I would like to thank Apax for their support over the past few years. Through the improved debt position and new capital structure we will be able to invest in the future of the company and accelerate our efforts to deliver on our strategic priorities,” Tjeerd Jegen, Takko Fashion CEO.
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