FIH Partners advised EQT, a leading global private equity firm, on the divestment of Flying Tiger Copenhagen to Treville & Co.
Flying Tiger Copenhagen is a unique Scandinavian design-led variety retail concept with global appeal and ~900 stores globally. Store roll-out has been the key strategic focus historically with up to 150 new stores opened every year since 2012 leading to a geographically diverse footprint. The journey towards becoming a successful omnichannel retailer has been commenced with a successful online launch in 2020.
The acquirer, Treville & Co, is a private Danish growth investor founded in 2016 by three former partners in Axcel, a Danish private equity firm.
The parties have agreed not to disclose the value of the investment.