Advent International Acquires Majority Stake in ZIMMERMANN
August 8, 2023
Advent International has agreed to acquire a majority shareholding in ZIMMERMANN from Style Capital, with the Zimmermann family and Style Capital retaining a significant minority stake. The investment will support ZIMMERMANN’s international expansion—particularly in Asia and the Middle East—broaden product categories and accessories, and strengthen its online and omnichannel presence.
- Buyers
- Advent International
- Targets
- ZIMMERMANN
- Sellers
- Style Capital
- Industry
- Retail
- Location
- New South Wales, Australia
- Transaction Type
- Buyout
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