Carlyle fund acquires Golden Goose: over 400 million euros in the pot for the star sneakers

Carlyle Europe Partners IV fund has recently acquired Golden Goose, the luxury casual accessories and clothing brand, based in Venice, well- known for his star sneakers. Yesterday they announced the sales agreement; the closing transaction, over 400 million euros in the pot, is due by the end of March. Carlyle’s acquisition of Golden Goose Deluxe Brand comes after their formerly purchasing other fashion brands such as Moncler, TwinSet Simona Barbieri and Hunkemoller. The investment trust outbid his competitors such as BC Partners, Lion Capital, Charme, Chequers, General Atlantic, Permira, Riverside and Mayhoola, the royal holding of Qatar that also owns Valentino and Pal Zileri brands. Revenues of Golden Goose, which was previously held by Ergon Capital Partners III, went up to over 100 million euros in 2016 (60% of them have been coming from international markets).

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