Partners Group to sell Trimco International to Affinity Equity

Partners Group said Jan. 23 that it has agreed to sell Trimco International Holdings Ltd to Affinity Equity Partners for $520 million. Trimco, of Hong Kong, provides garment labels, tags and trimming products to the apparel sector. Partners Group said the sale generated a 3.4x return on its original investment. Goldman Sachs (Asia) LLC acted as sole financial adviser and Clifford Chance as legal adviser.

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