3i private equity

Portfolio

Pepe Jeans N.V.

Pepe Jeans N.V.

Investment type Buyouts
Region Spain
Status Former investment

View website

Designs and distributes fashion clothing

Distributes through both multi-brand shops and through its own shops network. Pepe had a total of 60 shops in Spain, Amsterdam, Paris and London. Operates in Europe, South America, India and Japan Partnered with 3i for financial support and strategic guidance

In April 1998 3i and the management team bought a stake for €2,4m of Pepe Jeans, S.A. from Pepe Jeans BV based in Holand.

In May 2000 3i carried out a further investment to continue their international expansion

The group expanded to Portugal, Latin America Mediterranean countries and Northern Europe. It also started it expansion in Asia.

Sales increased from €23m in 1998 to €130m in 2004

In 2005 3i sold its stake through a secondary buyout. At that moment the company was growing at an annual rate of 43%

Useful links