Stirling and Sirius Buy Jeckerson

Stirling Square Capital Partners (SSCP), the pan-European private equity firm, and Sirius Equity, the retail and branded luxury goods investment specialist, announced today that they have signed an agreement to acquire Jeckerson, the Italian premium sportswear brand, from Blue Fashion Group.

The management buyout values Jeckerson's enterprise and equity at EUR 140m and EUR 125m, respectively, and marks the end of a 5-month competitive process run by Corporate Value of Marco Colacicco. Interbanca and MPS Capital Services acted as joint debt underwriters in the transaction.

Established in 1995, Bologna-based Jeckerson is a leading brand in Italy's sportswear segment and the market leader in men's premium trousers. The iconic Jeckerson trousers are sold in 600 independent multi-brand retailers throughout Italy.

Source: Thomson Merger News