Kevingston
SECTOR
Retail
TARGET COMPANY
Kevingston Peru
INVESTORS
Faro Capital SAFI
SELLERS
Megatex
SHARE SOLD
100% %
AÑO DE TRANSACCIÓN
2015
About the investor
Megatex is the company that owns the Argentine clothing brand Kevingston in Peru. Kevingston is a clothing, accessories and footwear brand with the highest quality in its products. The company was created in 1989, with a rugby collection focused on the men's line. In 2006, the company decided to expand by adding the children's collection, followed by its women's and girls' collection launched in 2010 and 2015 respectively.
Transaction summary
The Peruvian private equity firm Faro Capital SAFI, through the Faro Capital Retail Investment Fund, acquired the Argentine clothing company Kevingston, a company advised by Une Asesores. With this acquisition, Faro Capital improves its positioning in the retail market and continues with its strategy of increasing its brand portfolio. Faro Capital SAFI raised its retail fund in December 2014 with capital of around USD 115m and since then it has acquired various brands with the aim of improving its chain of boutiques.