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Zimmermann receives investor backing
King & Wood Mallesons has advised Style Capital on its investment in Australian fashion business, Zimmermann.
Emma Musgrave
Firm: King & Wood Mallesons (Style Capital)
Value: Undisclosed.
Area: Finance.
Key players: The team advising Style Capital was led by King & Wood Mallesons partners Mark McNamara, Elizabeth Hundt Russell and Scott Bouvier and supported by senior associates Genovieve Lajeunesse, Dan Flanagan and Melissa Miller.
Deal significance: Founded in Sydney’s Paddington markets in 1991 by Nicky and Simone Zimmermann, Zimmermann is a well-established fashion business.
Meanwhile, Style Capital is a Milan-based private equity sponsor and investor, focused on the lifestyle sector. Its current portfolio includes fashion investments in brands such as Forte_Forte, Re/Done and MSGM.
“The Zimmermann fashion label is a highly successful Australian fashion brand that has grown to occupy a unique and highly desirable position in Australia and offshore,” said head of KWM’s private equity team Mr McNamara.
“We were delighted to be working with Style Capital on this important transaction in the fashion industry and look forward to continuing our partnership with them and the Zimmermann team in the years to come.”
Commenting on the importance of the transaction, Style Capital chief executive Roberta Benaglia said: “I consider this partnership with Zimmermann a real privilege for Style Capital.”
“In recent years, I have followed the brand’s growth path with admiration, thinking how brave and talented these two Australian sisters have been in taking their luxury vision from Australia to the rest of the world. Our aim is to invest in talented people and their brands.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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