The sellers were advised by Lazard, The Boston Consulting Group, PWC and Gianni Origoni Grippo Cappelli & Partners. The Carlyle Group was advised by DVR Capital, Bain & Company, KPMG and Latham & Watkins. We trust that Golden Goose Deluxe Brand and its outstanding management team will succeed in further creating value in the future and we are convinced that The Carlyle Group is the perfect partner for the company’s next phase of growth.”
Over the life of this investment, Ergon has supported the extraordinary development of the company accelerating its sales growth, also through the expansion of the retail network, with a constant focus on operational excellence. We look forward to supporting Golden Goose Deluxe Brand with our strategic industry knowledge and through investments to build the potential for the brand, especially in United States and Asia, and predominantly though an acceleration of its worldwide retail and online presence.”Įmanuele Lembo, Managing Partner of Ergon Capital Advisors, added: “This transaction is exactly in line with Ergon’s investment philosophy and approach and we are very pleased with the successful partnership that Ergon has established with an excellent management team and its co-investors. Marco De Benedetti, Managing Director and Co-Head, Carlyle Europe Partners, said: “We admire Golden Goose’s stylistic unique brand identity, effective business model and undisputed capacity to innovate and create a new category of ‘luxury fashion sneakers’. Golden Goose Deluxe Brand is distributed worldwide through a network of more than 700 exclusive multi-brand stores and franchisees, along with 8 directly operated flagship stores.
Thanks to its distinctive product design and appeal, in the last few years the company has already delivered a consistent track record of continuous high growth, generating more than 100 million Euros revenues in 2016, with international markets accounting for almost 60% of such revenues. Golden Goose Deluxe Brand will be Carlyle’s fourth significant investment in the European fashion and apparel sector following previous investments in Moncler, TwinSet Simona Barbieri and Hunkemoller.Įstablished in 2000 with headquarters in Venice, Italy, Golden Goose Deluxe Brand is a fast-growing high-end lifestyle fashion company, with strong positioning in the luxury sneaker market globally. The investment will be made by Carlyle Europe Partners IV (CEP IV), a European-focused upper-mid market buyout fund.
The transaction is expected to close by the end of March 2017. and participated by Zignago Holding S.p.A., the company’s founders and the Management tea. Today the company is controlled by Ergon Capital Partners III S.A. Milan/Brussels – Global alternative asset manager The Carlyle Group (NASDAQ: CG) and a pool of investors led by Ergon Capital Partners today executed the agreement for the acquisition by Carlyle Europe Partners IV (CEP IV) of the entire shareholding in Golden Goose Deluxe Brand, an Italian luxury lifestyle fashion company. 133 Barracuda 127 Lacoste 126 Karl Lagerfeld 126 MSGM 124 Emporio Armani 123 Isabel Marant 122 Pollini 120 Versace Jeans Couture 120 Red Valentino 118 Brunello Cucinelli 115 Mm6 Maison Margiela 113 Jimmy Choo 113 Burberry 112 No.Investment will drive international retail expansion and strengthening of e-commerce channel Jordan 306 Balenciaga 294 Hogan Rebel 293 Valentino Garavani 277 Tod\'s 275 Ash 271 Diadora Heritage 269 Dolce&Gabbana 268 Atlantic Stars 249 MICHAEL Michael Kors 248 Dsquared2 246 Santoni 233 Saucony 230 Golden Goose 204 Reebok Classics 199 Moa Master Of Arts 198 Veja 188 Camper 184 Diadora 179 Superga 176 Sergio Rossi 171 Philipp Plein 171 Moschino 166 Cafenoir 165 Tosca Blu 164 Steve Madden 163 Pierre Cardin 160 Fila 159 Bikkembergs 157 Diesel 153 Baldinini 149 Chiara Ferragni 149 Trussardi Jeans 147 Maison Margiela 144 Tommy Hilfiger 143 Fabi 140 Pinko 139 D.A.T.E.