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Agic Capital Acquires Majority Stake In Pure Trade

PRIVATEJul 26, 2023

Acquiring Company

Agic Capital

Acquired Company

Pure Trade

ManufacturingE CommerceFashionRetailBeautyCosmetics

Description

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.

Quick answer

Agic Capital is acquiring Pure Trade, announced July 26, 2023.

How much did Agic Capital pay for Pure Trade?
The deal value was not disclosed.
What does Agic Capital do?
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.

Source: Fundz verified event record.

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Company Information

Company

Agic Capital

About

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

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Frequently asked

Who acquired Pure Trade?

Pure Trade was acquired by Agic Capital. The deal was reported on July 26, 2023. 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. Agic Capital is privately held.

When did Agic Capital acquire Pure Trade?

Agic Capital's acquisition of Pure Trade was reported on July 26, 2023. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pure Trade do?

Pure Trade has 25 years of design and manufacturing expertise dedicated to the global beauty packaging industry. It is privately held, operating in Manufacturing.

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