Private equity firm Peninsula invests in fashion group Zadig & Voltaire
PARIS, Jan 20 (Reuters) - 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.
(Reporting by Sudip Kar-Gupta, editing by Louise Heavens)
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