Castanea Partners Invests in Luxury Fashion Brand Proenza Schouler
Ropes & Gray advised Castanea Partners in its acquisition of a minority interest in Proenza Schouler, the New York-based luxury fashion brand, joining existing investors. Proenza Schouler is a global luxury accessories and women's apparel business that sells through exclusive department stores and boutiques as well as free-standing stores.
Terms of the transaction, announced June 22, were not disclosed.
The Ropes & Gray team was led by mergers & acquisitions partner Jane Goldstein (Boston/New York) and included tax partner Amanda Holt (Boston).