Nexxus Capital Announces an Additional Investment in Moda Holding in Order to Acquire Zingara (Latin America)

Source: Nexxus Capital

Mexico-based private equity fund manager Nexxus Capital, through its parallel funds Nexxus IV and Nexxus V, has made an additional investment in Moda Holding, which will finance the acquisition of Zingara, a Mexico-based swimwear, beachwear and accessories retailer. Moda Holding is a Mexican retail platform that operates over 130 stores under various brands including Dorothy Gaynor and NPI (No Pienses Igual). Financial terms of the transaction were not disclosed.