
GPF Capital invests in Peris Costumes
Spanish private equity firm GPF Capital has invested in Peris Costumes via a capital increase.
Following the deal, the GP will own a stake of around 50%, while the company's management team, led by Javier and Alejandro Toledo, will hold the remainder and stay on with the business.
GPF Capital is investing via its third buyout fund, GPF Capital Partnership III, which closed on its €300m target in February 2020.
Company
Founded in 1856 and based in Madrid, Peris Costumes specialises in the rental of costumes, garments, accessories and jewellery for films and TV series. It also manufactures, repairs, dyes and cleans costumes, including clothing, accessories and footwear.
The company has partnered with 300 audio-visual productions, including TV series such as Money Heist, The Crown, The Young Pope, Chernobyl, Peaky Blinders and Vikings, and films such as Murder on the Orient Express, Redbad The Legend, Maleficent: Mistress of Evil, Loving Pablo and Operation Finale.
People
GPF Capital – Martín Rodríguez-Fraile, Ignacio Olascoaga, Lorenzo Martínez de Albornoz, Guillermo Castellanos (founding partners).
Peris Costumes – Javier Tledo, Alejandro Toledo, (co-CEOs).
Advisers
Equity – EY (corporate finance); Uría Menendez (legal).
Company – SeaRey (corporate finance); GAP (legal).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater