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Mandate

Vinge advises the founders and the current owners in connection with Altor’s investment in global fashion house Totême

May 21, 2021 M&A

Vinge advises the founders and other existing shareholders in connection with Altor Fund V’s investment in the global fashion house Totême. The founders will remain as majority shareholders and continue in their current roles in the development of Totême. Altor will support the founders and the company on its continued international growth journey.

Founded by Elin Kling and Karl Lindman in 2014 in New York City, Totême is a fast-growing fashion label in the modern luxury universe, widely known for their iconic uniforms. The company is headquartered in Stockholm with a strong Swedish heritage but with a true global presence. Sales are evenly split between Asia, North America and Europe, with a predominantly online presence via its own web shop and online retailers.

Vinge’s team consisted of Jonas Bergström, Karl Klackenberg and Hannah Kajlinger (M&A) as well as Viktoria Owetz Leyva (VDR Specialist).

 

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