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L Capital Invests in El Ganso

 

PARIS — L Capital has acquired a 49 percent stake in Acturus Capital, the holding company of El Ganso.
The private equity fund — sponsored by LVMH Moët Hennessy Louis Vuitton and Groupe Arnault — will help invigorate the Madrid-based label and drive its growth in international markets, the firm said on Friday.
Details of the financial transaction were not disclosed.
L Capital already holds stakes in a series of contemporary fashion brands, including Ba&sh, Giuseppe Zanotti, Pepe Jeans and Hackett, Sandro, Maje, Claudie Pierlot and Gant.
Designed and manufactured in Europe, El Ganso offers affordable ready-to-wear for men, women and children along with footwear and accessories.
The company projects net revenues will exceed 70 million euros, or $78.9 million at current exchange, by year-end, logging a 50 percent annual growth rate over the last five years.
By the end of 2015, El Ganso is expected to operate 120 stores with a total of 600 employees.
“In spite of being a relatively young company, EL Ganso has managed to create its own space with a very differentiated sportswear line … and an important presence in the Spanish market,” noted Julio Babecki, managing director of L Capital Equity Advisors in Spain. “The success to date of its international expansion,

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