Riverside Advisors, LLC along with three European fashion retailers are reportedly looking to acquire 60% stake in Spykar Lifestyles Pvt. Ltd. from Avigo Capital Partners. Lincoln International has been reportedly hired by Avigo to sell Spykar Lifestyles.

The deal is expected to generate $100 million, said sources familiar with the matter. Spykar's Founder, Prasad Pabrekar holds the remaining 40% stake with no immediate plans to exit. The sources added that Adolfo Dominguez SA and Losan Hotels World, S.L. were also reportedly looking to acquire a stake in Spykar.