Press Release January 16, 2013

Goodwin Procter Advises TA Associates in Acquiring a Major Stake in Dutch, LLC

A team of Goodwin Procter attorneys recently advised TA Associates in its recent acquisition of a major stake in Dutch, LLC, the parent company for fashion brands JOIE, Equipment and Current/Elliott. Terms of the transaction were not disclosed.

The Vernon, Calif.-based Dutch brands are sold in more than 2,000 stores in 75 countries, including Saks Fifth Avenue, Nordstrom, Neiman Marcus, Barney’s, Harvey Nichols, Selfridges and Printemps, as well as specialty boutiques in the U.S. and international markets.

Founded in 1968, TA Associates is a middle-market growth private equity firm with investments in 425 companies globally and has raised $18 billion in capital. With offices in Boston, Menlo Park, London, Mumbai and Hong Kong, TA Associates leads buyouts and minority recapitalizations in the healthcare, technology, financial services, business services and consumer industries.

“We were pleased to help TA Associates accomplish this investment in Dutch, LLC as both companies look to capitalize on continued positive trends in the fashion industry,” said Kevin Dennis, a partner in Goodwin’s Private Equity Practice. “Attorneys from our various practice groups and offices helped ensure this deal came off smoothly and effectively.”

The Goodwin team that advised TA Associates was led by Dennis and included Brian McPeake and Laura Rupenian.

For more information on the deal, please see TA Associates’ press release.