Activewear retailer Bandier procures $34.4 mln
Summary
As part of its expansion plan, Bandier will enhance its executive team and add a seasoned CEO, Adrienne Lazarus, to the company. She is an accomplished executive with deep expertise in both vertical and multi-brand businesses, and is credited with creating successful exit strategies in her last two roles as the CEO of Frye and the President of Intermix. She also has a proven track record in brand building and is recognized for being a catalyst for dynamic growth and innovation in her leadership roles at Ann Taylor and Loft. Jill Granoff, CEO of Eurazeo Brands, added, “Bandier is at the forefront of the activewear movement and is well positioned to gain meaningful market share in this fast-growing sector. With its considerable private equity, venture capital, real estate, private debt and fund of funds expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its 235 professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth.