Simpson Thacher Represents Apax Partners in Their Acquisition of the Takko Group
01.21.11
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Simpson Thacher is representing Apax Partners in connection with the €850,000,000 senior secured debt financing of their acquisition of Takko Group, a German clothing retailer from Advent International. Founded in 1982, Takko operates nearly 1,500 retail outlets across Europe and has a turnover of approximately €1 billion.
The transaction is expected to close in the first quarter of 2011.
The Simpson Thacher team working on the transaction includes: Antti Pesonen, Shahpur K. Kabraji and Richard Rees.