Funding for the acquisition of Golden Goose spa by the Carlyle Europe Partners IV fund was a pool of banks consisting of Banca Imi, Banco Bpm, Interbanca (Gruppo Ifis), Mediterranean Bank and UniCredit. The announcement (download here the press release) was given yesterday at the closing of the acquisition signed in February.
To sell for 400 million euros, the Italian company producing luxury clothing and casual wear, especially for the sneaker brand name, was the fund Ergon Capital Partners III leading a pool of investors who had acquired the majority of Golden Goose in May 2015 by the founders of the company, Alessandro Gallo and Francesca Rinaldo and from the funds of the former Dgpa sgr (today Syle Capital sgr, with Roberta Benaglia who remained at the helm of the company) and Riello Investimenti.
Latham & Watkins assisted The Carlyle Group, salesmen were assisted by Gianni, Origoni, Grippo, Cappelli & Partners, while Gatti Pavesi Bianchi attended Ergon's co-investors and Golden Goose managers. Finally, Linklaters assisted the lending banks.
Golden Goose has surpassed 200 million euros in revenue in 2016, of which around 60% generated on international markets. However, 2015 closed with consolidated revenues of 77.9 million, an EBITDA of 19.1 million, a net profit of 3.9 million and a net financial debt of 18.2 million (see here the analysis of Leanus , after registering for free).
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