Eurazeo reinforces in fashion with the capital inflow in a fitness company
The private equity fund injected 25 million dollars in Bandier. Besides, the investment fund C Ventures has also entered the company.
Eurazeo keeps investing in fashion. The investment fund, which has participations in companies such as Moncler, Vestiaire Collective or Farfetch, among others, has entered with a minority stake into the capital of Bandier, which is specialized in fitness.
The group led an investment round of 34.4 million dollars. Specifically, Eurazeo injected 25 million dollars in the company. In addition, other groups such as C Ventures have also participated in the financing round.
The group has led an investment round of 34.4 million dollars. Specifically, Eurazeo has injected twenty-five million dollars into the company.
Eurazeo carried out the investment by means of Eurazeo Brands, the group’s division destined to companies specialized in fashion, accessories, beauty, house, health and food, both from Europe and the United States. In fact, the company explained that this year it plans to invest a total of 800 million euros in companies of the sector.
As part of the company’s expansion after the capital inflows, Bandier has named a new president: Adrienne Lazarus, and has prepared an international growth strategy for the following months.
info@themds.com
Validation policy for comments:
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.