Field Fisher Waterhouse Paris advises French fashion retailer Paule Ka on private equity deal
11 August 2011
The Paris office
of Field Fisher Waterhouse LLP has advised French fashion retailer
Paule Ka on the sale of a 70% stake in the business to private
equity firm Change Capital Partners.
Paule Ka is a leading French fashion brand founded in 1987 by
Serge Cajfinger. Following this acquisition Paule Ka
expects to double the number of stores it owns in Europe in the
next five years, from the eight currently in France, Belgium and
the UK. The company also plans to increase distribution in the
US and emerging markets, particularly in Russia and China.
Field Fisher Waterhouse corporate partner Christopher Mesnooh
led on the deal and was assisted by corporate associate Gael Barbier.
Christopher Mesnooh, admitted to practice in both Paris and New
York, said:
“This was a strategically important transaction for Paule Ka and
we are pleased to have advised them on this. Paule Ka is one
of the last of the independent French fashion houses and it
occupies a unique position in the high-end prêt-à-porter market for
women’s clothing. Our detailed knowledge of the retail sector
ensured we were able to complete this deal quickly and efficiently.
This deal will help Paule Ka realise its expansion plans and in
turn strengthen the business”.
Mesnooh and Barbier specialise in cross-border acquisitions and
private equity transactions, in particular between France and the
UK and the US, often in the technology sector, although their
experience includes advisory on deals in the areas of heavy
industry, natural resources and retailing.
Linklaters advised Change Capital Partners.
For further press information, please
contact:
Louise Eckersley, PR Manager,
Field Fisher Waterhouse LLP on +44 (0)20 7861 4120
Paula Nugent, PR Executive, Field
Fisher Waterhouse LLP on +44 (0)20 7861 4526