**Carlyle-Led Consortium Provides Private Loan for Buyout of Australian Fashion Brand Zimmermann**.
**Sydney, Australia** — American private equity firm Carlyle Group Inc. and its investment partners have stepped in to provide an approximately $300 million private loan to support the buyout of Australian fashion brand Zimmermann. The loan, provided by Carlyle’s Global Credit platform, will be used to refinance Zimmermann’s existing debt and provide additional capital for growth initiatives..
Zimmermann, founded in 1991 by sisters Nicky and Simone Zimmermann, has become one of Australia’s most successful fashion brands, known for its feminine and bohemian designs. The brand has experienced strong growth in recent years, expanding its global footprint and increasing its revenue..
The buyout, led by Sydney-based private equity firm CHAMP Private Equity, was announced in March 2023. The deal will see CHAMP acquire a majority stake in Zimmermann, while the Zimmermann sisters will retain a significant minority stake..
The private loan provided by Carlyle will support the transition to CHAMP’s ownership and provide Zimmermann with the financial flexibility to execute its growth plans. The loan will be secured against Zimmermann’s assets and is expected to have a term of approximately five years..
Carlyle has a long history of investing in the fashion industry, having previously acquired stakes in brands such as Moncler, Golden Goose, and Supreme. The firm’s investment in Zimmermann reflects its confidence in the brand’s growth potential and its commitment to supporting the Australian fashion sector..
**Nick Hardie, Managing Director and Head of Carlyle Global Credit in Asia Pacific**, said: .
