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New Deal


Announced

Style Capital to acquire Zimmermann from General Atlantic for $303m.

Financials

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Transaction Value£190m
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales2.2x
EV/EBITDA8.48x
Share Price Premium-
One Off Charge-

Sources

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Tags

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women's clothing

Australia

Clothing and Accessories

Private

Disposal

Single Bidder

clothing & accessories

Private Equity

Cross Border

Pending

Acquisition

Majority

Friendly

Synopsis

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Style Capital, an Italian private equity firm, agreed to acquire Zimmermann, a clothing and appeal retailer, from General Atlantic, a private equity firm, for $303m. The new partnership will help continue Zimmemann’s global trajectory with a focus on European and Asian retail markets, digital growth, increase of its wholesale footprint and expansion into new categories.

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