Agic Capital Acquires Majority Stake In Pure Trade
07/26/23, 10:05 AM
Industry
cosmetics
beauty
retail
fashion
manufacturing
e commerce
AGIC Capital, a growth-oriented European-Asian private equity firm with $2.2 billion of assets under management, today announced the acquisition of a majority stake in Pure Trade from Sparring Capital, the management team, and founders. The key management team, including Pure Trade’s founder & current CEO Stéfane Ladous, Virginie Honoré & Mona Lee (Managing Directors of Europe and Asia) will re-invest alongside AGIC Capital and continue to lead Pure Trade in its next phase of business expansion and organizational scale-up.
Company Info
Company info
Founded in 2015, AGIC is a European-Asian fund focused on investments in advanced industrial and healthcare technology companies and has more than US$ 2.2 billion of assets under management. It targets buyout and growth- stage investment in small- and medium-sized companies and employs customized, hands-on approaches to guiding and supporting portfolio companies in developing and executing market penetration plans. AGIC has offices in Munich, London, Hong Kong, Shanghai and Beijing. For more information, please go to www.agic-group.com