Shearman & Sterling Advises Equistone on the Acquisition Financing of Long Tall Sally
Shearman & Sterling represented Equistone Partners Europe (“Equistone”) and its portfolio company TriStyle Mode GmbH on the financing for the acquisition of Long Tall Sally, a leading fashion company specialized in clothing for tall women.
TriStyle focuses on the over-45 audience via its Peter Hahn and Madeleine Mode womenswear brands. The fashion group distributes its own apparel brands and selected third party brands such as Escada, Basler and Windsor via catalogues, e-commerce and retail stores. Key markets include Germany, Austria, Switzerland, Netherlands and France. With the addition of Long Tall Sally, the TriStyle Group will continue to strengthen its position as a leading retailer of women’s fashion.
Equistone is one of the leading Private Equity investors in Europe and one of the most active in the German mid-cap market. Previously, Shearman & Sterling has advised Equistone on various acquisition financings including SportGroup and TriStyle in 2015 and GALA Group in 2016.