Affinity Equity nears Trimco deal: Bloomberg

Affinity Equity Partners is nearing a deal to buy Trimco International Holdings Ltd, Bloomberg reported. Trimco, which is controlled by Partners Group Holding AG, is a Hong Kong maker of garment labels . A deal could value Trimco at more than $500 million, the story said. Affinity’s offer trumps bids by Baring Private Equity Asia and Yue Yuen Industrial Holdings Ltd, Bloomberg said.