Mid-market private equity firm Graphite Capital has sold shoe retailer Kurt Geiger. Jones Group acquired the London-based company for about $350 million in cash, including debt.

The deal was financed through cash on hand. Neil Clifford will continue as CEO of Kurt Geiger’s management team even after the deal. Citi was the financial adviser to Jones Group on the deal.

Click here for the release from PR Newswire.