(Tokyo, 31 January 2024) Trustar Capital Partners Limited (“Trustar Capital”) announced today that it has completed the sale of MARK STYLER Co., Ltd. (“MARK STYLER” or the “Company”) held by its third Japan buyout fund to the current Company management for their Management Buyout (the “MBO”).
MARK STYLER is one of the top young ladies’ apparel companies in Japan. With the philosophy of “always being a company that delivers enjoyment, excitement and luxury to people around the world through fashion”, MARK STYLER has built up 15 distinguished popular brands, including MERCURYDUO, EMODA, GYDA, Ungrid, dazzling, and LAGUNAMOON, etc. It operates over 150 domestic stores and also runs its own EC platform, “RUNWAY channel,” etc. to spread fashion through diverse channels.
Since the investment in May 2015, Trustar Capital has continuously supported MARK STYLER’s business transformation and growth together with the Company management. Besides taking a series of initiatives to further strengthen a robust domestic business base, for overseas business, Trustar Capital has also actively facilitated the Company to expand its China presence, leveraging its rich experience, know-how and resources network.
MARK STYLER is now embracing a new growth chapter. Trustar Capital believes that after the MBO, the Company will further deliver prosperous business performance and continue to bring more enjoyment, excitement and luxury to customers as an apparel industry pioneer under its rapid decision-making mechanism led by the current Company management.
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Note: Anderson Mori & Tomotsune served as a legal advisor for the transaction.
About MARK STYLER Co., Ltd.
Established: 2005
Representative: Masanori AKIYAMA, President and CEO
Headquarters: 5-8-14 Hiroo, Shibuya-ku, Tokyo
Website: https://www.mark-styler.co.jp/
About Trustar Capital
Trustar Capital (formerly known as CITIC Capital Partners), focuses on control buyout opportunities globally and has completed around 100 investments since inception across China, Japan, U.S., Europe, etc. Trustar Capital currently manages USD8.7 billion of committed capital. For more information, please visit http://www.trustarcapital.com/.
Trustar Capital is a private equity affiliate of CITIC Capital Holdings Limited, founded in 2002, CITIC Capital Holdings Limited is an alternative investment management and advisory company. The firm manages USD17 billion of capital across 100 funds and investment products through its multiple asset class platform covering private equity, real estate, structured investment & finance, and asset management. CITIC Capital has over 290 portfolio companies that span 11 sectors and employ over 600,000 people around the world.
For media enquiries, please contact:
Cindy TAM
Director, Corporate Relations
CITIC Capital Holdings Limited
Tel: +852 3710 6813
cindytam@citiccapital.com
Irene GAO
Senior Associate, Corporate Relations
CITIC Capital Holdings Limited
Tel: +852 3710 6814
irenegao@citiccapital.com
Masahiro ITO
Senior Managing Director, Head of Japan Private Equity
Trustar Capital Partners Japan Limited
Tel: +81 3 5211-3830