Freshfields Bruckhaus Deringer LLP (Freshfields) has advised an affiliate of private equity firm Warburg Pincus on its acquisition of a majority stake in Reiss Holdings, which owns the men’s and women’s fashion and accessories brand Reiss, valuing the business at £230 million.

Freshfields Bruckhaus Deringer LLP (Freshfields) has advised an affiliate of private equity firm Warburg Pincus on its acquisition of a majority stake in Reiss Holdings, which owns the men’s and women’s fashion and accessories brand Reiss, valuing the business at £230 million.

The acquisition will enable Reiss to continue its global expansion and to utilise Warburg Pincus’ expertise in working with high growth businesses. In particular, Reiss and Warburg Pincus will build on the brand's previous success in North America, Asia and Australia by continuing to grow the business in those markets.

The Freshfields team was led by London-based corporate partner Adrian Maguire, who has advised Warburg Pincus on various matters, including on its acquisition of mercator from dnata and on its acquisition of a majority stake in Source Holdings.