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Private Equity Firm Peninsula Invests in Zadig & Voltaire

Current minority partner TA Associates will be exiting its investment in the Parisian label.

Zadig & Voltaire store front | Source: Shutterstock

By

Reuters

20 January 2020

PARIS, France — French fashion label Zadig & Voltaire said on Monday that it had received new investment funding from private equity firm Peninsula.

Zadig & Voltaire said it would remain majority-owned by its founder Thierry Gillier, while TA Associates, the current minority partner, will be exiting its investment. The financial terms of the transaction were not disclosed.

"This transaction marks the entry of Peninsula in France, and we are glad to make this investment in a company with such a unique brand with tremendous growth opportunities worldwide," said Peninsula Managing Partner Stefano Marsaglia.

By Sudip Kar-Gupta; editor: Louise Heavens.

In This Article

Topics

Luxury

Organisations

Zadig&Voltaire

Location

Paris, France

Tags

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