Latest fashion industry deals

Date: May 2020
Buyer: SCP Private Equity
Target: TM Lewin
Business: British menswear brand
Value: Not disclosed
Details: Private equity firm SCP has purchased TM Lewin from its current owner Bain Capital via a special purpose vehicle named Torque Brands. TM Lewin has been backed by Bain Capital since 2015. TM Lewin was founded in 1898 and currently has 66 stores in the UK.

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