Chequers Capital to buy Spandex
Chequers Capital said Monday that it agreed to buy Spandex from Gilde Buy Out Partners. Financial terms weren’t announced. Spandex, of Switzerland, is a distributor of graphic media and equipment to the signage and visual communication industry. Greenhill acted as financial advisor to Spandex and its shareholders, while N+1 provided financial advice to Chequers Capital. Kirkland & Ellis provided legal advice to Gilde Buy Out Partners, Indigo Capital and Spandex management on the sale of Spandex Group.





