Tikehau Capital, through its asset management branch Tikehau IM, has arranged a EUR33.6 million Unitranche facility to support L Catterton in its acquisition of Scandinavian fashion brand Ganni.
Founded and headquartered in Copenhagen in 2000, Ganni is a premium fashion brand offering differentiated women’s apparel. Ganni succeeded in establishing an international presence through its owned stores and more than 400 premium retailers in 20 countries including Denmark, Norway, Sweden, the UK, Germany and the US.
L Catterton took a majority stake in Ganni alongside its current management team, and will bring its unparalleled expertise in brand building and its deep understanding of how a global fashion brand operates.