65 Equity Partners has announced the completion of a significant minority investment in Kendra Scott, the celebrated lifestyle and accessories brand. The partnership marks an important milestone for Kendra Scott, solidifying the brand’s continued growth and longevity in the market. HPS Investment Partners, Petrus Asset Management, and Belzberg & Co co-invested alongside 65 Equity Partners in the transaction.

Latham & Watkins LLP represented Kendra Scott in the transaction with a corporate team led by Bay Area partner Luke Bergstrom and Austin partner Mollie Duckworth, with associates Jase Burner, Manu Vadlamudi, and Mary Kline. Advice was also provided on corporate securities matters by Bay Area partner Jim Morrone; on tax matters by Houston partner Tim Fenn, with associate Christine Mainguy; on compensation and benefits matters by Century City/Bay Area partner Julie Crisp, with associate Iryna Onyshchenko; on labor matters by Los Angeles partner Joe Farrell; on data privacy/intellectual property matters by New York counsel Carrie Girgenti and Houston/Austin counsel Robert Brown, with associates Ece Gonulal, Andrew Abokhair, and Kiara Vaughn; on antitrust matters by Washington, D.C. partners Patrick English and Peter Todaro, with Brussels counsel Tomas Nilsson; on litigation advisory matters by New York partner Blair Connelly, with associate Nathan Taylor; on export controls matters by Washington, D.C. partner Les Carnegie and Washington, D.C. counsels Catherine Hein and Andrew Galdes, with associate Elizabeth Annis; and on insurance matters by Los Angeles partner Harrison White.