Funds advised by the Munich-based private equity firm EMERAM Capital Partners have signed an agreement to acquire Americana International Ltd., owner of the fashion brand Bench. The company, headquartered in Manchester, UK, was previously owned by HgCapital.
As an international fashion brand, Bench is distributed in 26 countries across Europe and North America, with a very strong position in Germany, Canada and the UK. Global sales of the brand are in excess of GBP 100m per year.
The purchase price was not disclosed by the parties.
The international law firm Milbank, Tweed, Hadley & McCloy LLP legally advised EMERAM Capital Partners on the transaction. The Milbank advisory team: Dr. Peter Nussbaum (corporate, Munich) (lead), Dr. Rolf Füger (tax, Munich), Dr. Alexander Rinne (antitrust, Munich), Dr. Rainer Magold (banking and leveraged finance, Frankfurt), Nick Angel (corporate, London), Stuart Harray (corporate, London), Russell Jacobs (tax, London), of counsel Anthony Morton (banking and leveraged finance, Frankfurt) as well as associates Dr. Thomas Tiedemann (corporate, Frankfurt) and Anna Bryant (corporate, London).
