Avigo Capital news and archive

Is Future Group eyeing Spykar stake?

After reports about South Korean major E-Land Group and private equity firm India Value Fund (IVF) signing non-binding agreements to acquire controlling stake in home-grown denim brand Spykar Lifestyle, the media buzz is, it is Future Group’s investment-cum-business development company, Future Ventures, which is eyeing a deal and is said to be...

Apparel

Korean retail major E-Land eyes Spykar acquisition

South Korean retail major E-Land Group and private equity firm India Value Fund (IVF) are said to have signed non-binding agreements to acquire controlling stake in home-grown denim brand Spykar Lifestyle. Earlier it was reported that Spencer’s Retail, Flagship Company of RP-Sanjiv Goenka Group had joined the race to acquire the biggest domestic...

Apparel

Spencer’s eyes Avigo’s stake in Spykar

Spykar Lifestyle seems to be up for grabs and Spencer’s Retail, the flagship company of RP-Sanjiv Goenka Group has joined the race to acquire the biggest domestic denim maker. Spencer’s is said to be in early stages of discussions with Avigo Capital, a private equity (PE) major that holds 60 per cent stake in Spykar. The PE fund manager has...

Apparel

Spykar's Acquisition: Riverside, European retailers eyeing deal

Global buyout fund Riverside and three European fashion retailers are competing with each-other to get hold of India’s biggest home-grown denim brand Spykar Lifestyles after Avigo Capital, which controls about 60 per cent stake in the company announced its plans to sell the business. According to industry sources, Lincoln International is...