Jimmy Choo changes hands

23/02/2007

International private equity firm TowerBrook Capital Partners (U.K.) LLP recently acquired women’s luxury shoe business Jimmy Choo from Lion Capital for an enterprise value of £185 million. TowerBrook will be the lead investor and majority owner of the company whilst Spanish private equity firm, Gala Capital, will also invest in the transaction.

Founded in 1996 in London, Jimmy Choo has grown into a successful and iconic brand in the luxury goods sector and the fashion world. The brand now has over 60 branded stores worldwide and generates sales of than £65 million.