Apax news and archive

Takko Fashion raises funds to reduce debt, expand presence

European fashion discounter Takko Fashion has entered into an agreement with funds advised by Apax, its bondholders and banks to secure a new, right sized capital structure. The company expects this action to substantially reduce debt resulting in a strengthened financial profile and extend the debt maturity, enabling Takko Fashion to continue...

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Apax reportedly injects 60 million pounds into Matchesfashion

Apax Partners, the parent organisation of Matchesfashion, is said to have agreed to inject 60 million pounds into the luxury retailer to support its revival. The private equity firm has reportedly split the funding between 40 million pounds in equity and 20 million pounds in debt, the latter of which is expected to finalise in the short term....