Clearwater Denmark advises PE Group L Catterton on its investment in fashion brand Ganni

Transaction

L Catterton acquired a majority stake in Ganni

Buy-side

Undisclosed

Role

Adviser to L Catterton on its acquisition of a majority stake in Ganni

Sector

Consumer

Region

Denmark

Clearwater Denmark has advised private equity group L Catterton on acquiring a majority stake in internationally renowned fashion brand Ganni.

Founded in Copenhagen in 2000, Ganni is a leading contemporary fashion brand, offering alternative women’s clothing. Ganni is one of the fastest growing brands in the global apparel space and is established in 21 owned concept stores and more than 400 premium retailers in 20 countries including Denmark, Norway, Sweden, the UK, Germany and the US. The brand has significant digital exposure and a unique style endorsed by key fashion influencers and supported by a loyal and increasing customer base.

Since 1989, L Catterton has made over 200 investments in leading brands across all segments of the consumer industry. L Catterton was formed through the partnership of Catterton, LVMH and Groupe Arnault. Current and past investments in the fashion space include SMCP (Sandro Maje Claudie Pierlot), ba&sh, Pepe Jeans, GANT, Charles & Keith, Gentle Monster, Rhone and Giuseppe Zanotti.

Partnering with L Catterton is a hugely exciting opportunity for us to further build on the solid foundations that were laid since 2009. This comes exactly at the right time for Ganni and will drive us forward in the next few years as we’ll get access to the knowledge and network of both L Catterton and LVMH. Ganni attracted a lot of interest from various investment firms, but we chose L Catterton as we felt we share the same vision for the brand. We firmly believe that L Catterton will strengthen our business with their unparalleled expertise in brand building and their deep understanding of how a global fashion brand operates.
Nicolaj Reffstrup, CEO, Ganni

We are thrilled to partner with Ganni and its outstanding management team. With its distinctive fashion style and its sound digital strategy, Ganni is ideally positioned to continue its impressive international growth story.
Eduardo Velasco, Partner, L Catterton