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Castanea Partners Invests in Luxury Fashion Brand Proenza Schouler

Practices: Mergers & Acquisitions, Intellectual Property Transactions, Tax

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).

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