HeadlinesBriefing favicon HeadlinesBriefing.com

Trive Capital Acquires Adrianna Papell Apparel Brand

PE Hub •
×

Trive Capital has acquired a stake in Adrianna Papell, a New York City-based women's apparel company known for occasionwear. The investment marks a strategic move by the private equity firm into the fashion sector, though financial terms remain undisclosed. Adam Berkman continues as CEO, maintaining continuity in leadership.

Founded in 1980, Adrianna Papell designs cocktail dresses, evening gowns, and polished separates for women. The company distributes through direct channels and retail partners across 27 countries, demonstrating its established global presence. This international footprint likely attracted Trive's interest in the brand's growth potential.

The investment comes as Trive partners with Adrianna Papell to drive expansion through product innovation and enhanced customer service. The firm's backing provides capital for scaling operations while preserving the brand's trusted reputation among customers who have relied on it for decades.