MATCHESFASHION Sells for $1 Billion USD

Since its inception in 1987, high-end London retailer MATCHESFASHION has built up a reputation as one of its country's premier purveyors of luxury fashion. Now, after 30 years of independent operation, the company has been purchased by private equity firm Apax Partners. A victor in a heated bidding war that including Bain Capital, Permira and KKR, Apax Partners acquired MATCHESFASHION for a stunning $1 billion USD price tag. The retailer's current venture capital supporters Highland Europe and S...