The Independents, a Paris, France-based global marketing and communications group for luxury and lifestyle brands, received a $400M investment led by TowerBrook Capital Partners and FL Entertainment.
The new deal will see existing partners Cathay Capital exit the group.
The company intends to use the funds to expand operations and its business reach, with plans to more than double in size by 2025, through a strong acquisition strategy and dynamic international expansion.
Led by Isabelle Chouvet, Chief Executive & Founder, The Independents is a global group of agencies for industry across luxury and lifestyle, comprising Bureau Betak & Bureau Future, Karla Otto, K2, The Qode, Lefty and Prodject. The agency collective is positioned to offer streamlined strategy, creative, talent, influencer marketing, experiences and communications services for leading brands across key territories – (Milan, Paris, London, Munich, New York, Los Angeles, Hong Kong, Beijing, Shanghai, Tokyo, Seoul, Dubai, Riyadh).
This round followed the recent debt financing lead by BIL, Société Générale, LCL, La Banque Postale and CIC Private debt.
FinSMEs
06/06/2023