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Apax to become new majority owner of Matchesfashion

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Apax has been confirmed as the winner in a bidding war to acquire a majority stake in luxury fashion retailer Matchesfashion. The specific terms agreed for, including the sum paid, was undisclosed — but it was previously widely estimated to be £800 million in the run-up to the deal. Tom and Ruth Chapman, who founded Matchesfashion 30 years ago with their debut store in Wimbledon, London, will retain minority stakes in the business

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Apax to become new majority owner of Matchesfashion

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