Berkshire Partners to invest in Kendra Scott Design Inc
Berkshire Partners is investing in Kendra Scott Design Inc. Financial terms weren’t announced but Kendra Scott, the founder, will continue as majority shareholder and CEO. Norwest Venture Partners will also continue as a minority investor. Kendra Scott Design is a jewelry, home and beauty brand with more than 50 stores throughout the United States. Jefferies LLC provided financial advice to Kendra Scott Design, while Weil, Gotshal & Manges LLP and Kastner, Huggins, Reddien & Gravelle LLP served as legal counsel to the Company. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Berkshire Partners.
22 December 2016•3 mins read
