Santa Monica private equity firm Lion Capital has acquired an undisclosed stake in Compton premium denim maker Paige, according to West L.A.’s Sage Investment Banking, which advised Paige on the transaction.
The seller was San Francisco private equity firm TSG Consumer Partners, which bought its stake in the jean maker in 2012.
Paige was founded in 2005 by Paige Adams-Geller and struck deals to be carried in high-end retailers such as Intermix, Ron Herman, Bergdorf Goodman and Harvey Nichols.
Adams-Geller, a graduate of USC and former Miss California, serves as its creative director.
Retail, restaurants and hospitality reporter Caroline can be reached at email@example.com. Follow her on Twitter @caroline_mander