PARIS — London-based private equity firm Change Capital Partners has taken a 70 percent stake in French fashion brand Paule Ka for an undisclosed sum in order to accelerate the brand’s international expansion.
The Cajfinger family, founders of the brand, sold the company to Change Capital and have reinvested a portion of the proceeds, giving them a stake of about 30 percent. FCPR Patrimoine et Création, managed by CDC Entreprises, sold the minority stake it owned in the firm.
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