**Sydney, Australia** – A group led by global alternative investment firm The Carlyle Group has secured a private credit facility to finance the buyout of Australian fashion brand Zimmermann. The deal will see the company’s founders, Nicky and Simone Zimmermann, retain a significant minority stake in the business..
The loan, provided by a syndicate of banks, will be used to refinance Zimmermann’s existing debt and support its growth plans. The company has experienced strong growth in recent years, with revenue increasing by more than 50% in the past three years..
Zimmermann is a leading Australian fashion brand known for its feminine, bohemian-inspired designs. The company was founded in 1991 by Nicky and Simone Zimmermann, and has since grown into a global brand with over 500 stockists in more than 50 countries..
The Carlyle Group is a global alternative asset manager with $300 billion of assets under management. The firm has a long history of investing in the fashion industry, having previously invested in brands such as Tory Burch, Golden Goose, and Moncler..
The buyout of Zimmermann is the latest in a series of investments by Carlyle in the Australian market. The firm has also invested in companies such as MYOB, Carsales.com, and Ingham’s..
The Carlyle Group’s investment in Zimmermann is a sign of the firm’s confidence in the Australian fashion industry. The industry has been growing strongly in recent years, and is expected to continue to grow in the future..
Zimmermann is a well-established brand with a strong track record of growth. The company is well-positioned to continue to grow in the future, and the Carlyle Group’s investment will provide the company with the resources it needs to achieve its goals..
**About The Carlyle Group**.
The Carlyle Group is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit, and Investment Solutions. With $300 billion of assets under management, Carlyle’s portfolio companies are leaders in their respective sectors and generate revenues of more than $155 billion. Carlyle has offices in 31 countries and employs more than 1,800 people..
**About Zimmermann**.
Zimmermann is an Australian fashion brand known for its feminine, bohemian-inspired designs. The company was founded in 1991 by sisters Nicky and Simone Zimmermann. Zimmermann has over 500 stockists in more than 50 countries. The company has flagship stores in Sydney, Melbourne, New York, Los Angeles, London, and Tokyo. .
