Joolz, one of the fastest growing premium pushchair brands in the infant and juvenile industry, has received a minority investment from Gimv, a Belgium-based investment firm, to support the company’s further geographical expansion, both in Europe and abroad, as well as the launch of new products.
ROTH Capital Partners served as exclusive financial advisor to Joolz.
“ROTH did an extensive international search in Europe, the United States and Asia. Based on ROTH’s experience with fast growing consumer brands and in particular, those within the infant and juvenile sector, we were highly confident they would find the right partner for Joolz. We are very happy to have partnered with Gimv; as we believe they are the right group to help fulfil our ambition to become a global, premium and meaningful pushchair brand in the baby industry,” says Joolz founder Emile Kuenen and Managing Director Stan Vermeulen.
Paul Zaffaroni, Managing Director at ROTH, adds: “Emile and Stan have built one of the premier premium pushchair brands in the industry and Gimv is the right partner to help them accelerate their growth in Europe and abroad.”
