Advent acquires fashion retailer Gérard Darel

07 Jul '08

4 min read

Edmond de Rothschild Corporate Finance and the law firm Bredin Prat advised Gérard Darel. Calyon and the law firm Weil Gotshal & Manges advised Advent International.

Founded in 1984, Advent International is one of the world's leading global buyout firms, with offices in 15 countries on four continents. Advent International has proven expertise in the retail and clothing sectors with over 25 investments accomplished in this field in Europe, the United States and Latin America throughout its history. Advent has recently supported brands such as lululemon athletica in the US and Fat Face in the UK.

Since the opening of its Paris office in 1997, Advent has proven its unique expertise in helping French companies to develop internationally. These include Sophis, a leading financial services software provider; Dufry, the global travel retailer; Loxam, a European construction equipment rental company; Elior, one of France's leading concession and contract caterers and, Sportfive, the European sports rights agency. Driving international expansion is one of Advent's key investment strategies.

Created in 1971, GERARD DAREL has rapidly gained a leading position in the mid to high-end women's ready to wear market. From the outset, the company has focused on developing an accessible luxury brand. GERALD DAREL opened its first shop in Paris' Boulevard Saint-Germain in 1987.

Advent International Corporation

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