Advention acts as strategic advisor on deal involving Silverfleet Capital Partners LLP
The management of La Fee, SA, the France based company engaged in designing, manufacturing, and marketing fashion clothing for women, has acquired the company in a management buyout transaction backed by Silverfleet Capital Partners, the UK based private equity firm, from Dzeta Conseil, the France based principal investment firm, for a consideration of EUR 65m.
The company expects to generate revenues of EUR 46m for the year ending December 2012 and have 90 outlets worldwide. The acquisition enables the company to expand and grow. Senior debt was provided by a banking syndicate comprising LCL, Crédit Agricole Loire/Haute Loire, Crédit Agricole Centre Est, Banque Neuflize OBC, Banque Européenne du Crédit Mutuel and Banque Populaire Loire et Lyonnais.
Mezzanine funding was provided by Trocadero Capital.
Silverfleet Capital Partners press release, 14 December 2012
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