Palamon Capital buys majority of Happy Socks

Palamon Capital Partners said Jan. 16 that it acquired a majority stake in Happy Socks. The transaction values Happy Socks at SEK 725 million ($80.9 million) with SEK 40 million ($4.4 million) of growth capital injected into the business, giving Happy Socks an enterprise value of SEK 765 million ($85.4 million). Happy Socks, of Stockholm, is a brand of designer socks.

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