Zurich – Equistone Partners Europe Limited through its Fund V has acquired a majority stake in TriStyle Mode GmbH. The mid-market focused private equity firm, together with the company's management, is buying all the shares in the business. The selling shareholders are Primondo Specialty Group GmbH and Wirth Beteiligungs GmbH. The parties have agreed not to disclose the purchase price. The transaction is subject to regulatory approval by the competition authorities.
Via its subsidiaries Peter Hahn und Madeleine Mode, TriStyle distributes its own apparel brands and selected third party brands with a focus on the over-45 audience. Key markets include Germany, Austria, Switzerland, Netherlands and France. In the financial year 2013/14, TriStyle generated total sales of EUR 483 million with over 1100 employees.
An international team of CMS lead by Dr Martin Bell and Dr Heike Wagner has comprehensively advised Equistone in connection with this transaction on all legal aspects of the acquisition and the management participation. As part of the international team M&A partner Stefan Brunnschweiler, Andrea Ferchl and Florian Jung have successfully advised Equistone on the Swiss legal aspects of the transaction.
Equistone Partners Europe is one of Europe’s leading investors in mid-market buyouts with offices in Germany, Switzerland, France and the UK. Equistone has a strong focus on change of ownership deals with enterprise values of between EUR 50 million and EUR 300 million.
CMS Switzerland
Stefan Brunnschweiler
Andrea Ferchl
Florian Jung, all Corporate/M&A
CMS Germany
Dr. Martin Bell
Dr. Heike Wagner, both Lead Partners
Till Liebau
Dr. Tobias Kilian
Tobias Arnold, all M&A
Christian Ströbele
Dr. Johannes Baare, both Corporate
Dr. Ulrich Becker
Helen Braun
Dominik Seehawer, all Commercial
Dr. Tobias Polloczek
Carsten Domke
Kristina Kneip, all Employment
Dr. Dirk Smielick, IP
Christian Rein, IT/Data Protection
Heinz Joachim Kummer, Real Estate
CMS Austria
Dr. Alexander Rakosi, M&A
Lisa Oberlechner
Caroline Schmidt, all Corporate/M&A
CMS Netherlands
Martijn van der Bie
Herman van Aerts, both Corporate/M&A
CMS France
Jean-Robert Bousquet
Matthias Le Pan
Matthieu Rollin, all Corporate/M&A
CMS UK
Terry Charalambous
Narinder Jugpal, both Corporate/M&A
