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New Deal


Announced

Completed

Sequoia Capital completed the investment in Holzweiler.

Financials

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Transaction Value-
Consideration TypeCash
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Sources

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Private

Friendly

Single Bidder

Clothing and Accessories

Completed

fashion brand

Private Equity

Acquisition

Norway

Cross Border

lifestyle brand

Majority

Synopsis

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Sequoia Capital, an American venture capital firm, completed the investment in Holzweiler, a contemporary Norwegian fashion and lifestyle brand. Financial terms were not disclosed. The investment will also be used to expand Holzweiler's bricks-and-mortar business with new physical retail experiences, including a new flagship opening in Copenhagen in October 2022 and its first London outpost in spring 2023. These will add to its existing six stores, including the fashion, beauty and furniture concept-store Holzweiler multibrand store.

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