TPG will invest in the APM Monaco by leading a Consortium of Investors

China International Capital Corporation Limited (CICC) has announced that TPG, has been leading a consortium of investors. It has finally reached a solid agreement for investing in APM Monaco. The brand initially started in Monaco and over time grew to be a global footprint and has in Asia, a significant presence. TPG along with its partners, Trail and China Synergy will be acquiring thirty percent of the shares of the company from the previous shareholders.

“APM Monaco’s team is proud and looks forward to writing a new chapter of our brand history. TPG Consortium is the ideal leading global partner to continue to develop our contemporary luxury vision,” said the CEO, Philippe Prette of APM. “TPG’s unique expertise in growing iconic brands and their belief in our innovative products and business model make them an excellent partner to work with, and at the same time, China Synergy and Trail bring their respective strengths in China and Europe. We look forward to the opportunities that lie ahead of us as we expand domestically and globally optimizing our strengths with their expertise while keeping the strong identity and values of the brand.”

“The founders and management team of APM have successfully built a fashionable brand that resonates well with consumers and has a loyal following. We are impressed by the Company’s creativity, vision for the luxury industry, and values,” commented Chang Sun. “As investors, we are excited by the opportunity to partner with dynamic entrepreneurs like Philippe to bring their vision to the next level and look forward to working with the Company’s management team to accelerate growth by leveraging our global resources. We are also very happy to partner with China Synergy and Trail to accomplish this deal.”

“This is a perfect demonstration of the power of partnership,” said the CEO, Ding Wei of CICC Capital, “TPG, China Synergy, and Trail each contributes distinctive competitive advantages and collectively bring irreplaceable value to the Company.”

“APM Monaco’s transformation from a European company into an Asian-focused market leader has been highly successful”, told Xavier Marin. “As the European member of the consortium, we are thrilled to partner with Philippe and the whole management team to bring APM Monaco into the premier global jewelry brand position.”