Permira’s Acquisition of Golden Goose

Latham & Watkins advised Carlyle on the transaction, while Giliberti Triscornia, Maisto e Associati advised Permira, Gatti Pavesi Bianchi advised the manager of Golden Goose, and Linklaters advised the banks.

Permira executed the acquisition of a majority stake in Golden Goose from The Carlyle Group.

Established in 2000 in Venice, Italy, Golden Goose is one of the fastest growing and most distinctive luxury fashion brands, widely recognized for its iconic sneakers. The company, which operates in Europe, the US, and Asia, has a network of 100 stores and a fast growing online presence.

In 2017, Carlyle acquired Golden Goose through Carlyle Europe Partners IV (CEP IV), a European-focused, upper-mid market buyout fund, and Carlyle Asia Growth Partners V. During Carlyle’s ownership, revenues have grown from €140 million to estimated revenues in excess of €262 million in 2019.

Latham advised Carlyle in the transaction with a team led by Milan partners Stefano Sciolla (Picture) and Giancarlo D’Ambrosio, with associates Giovanni Spedicato, Luca Maranetto, and Andrea Stincardini. Advise was also provided on regulatory matters by Milan counsel Cesare Milani.

Gatti Pavesi Bianchi advised the Manager of Golden Goose with a team led by partner Andrea Giardino and senior associate Filippo Sola.

Giliberti Triscornia advised Permira on the deal with a team led by partner Alessandro Triscornia, and Maisto e Associati advised on tax law.

Linklaters advised the banks on the financing with a team led by partner Davide Mencacci, assisted by managing
associate Diego Esposito and associate Ilaria Francesca Bertolazzi for financing law, and counsel Fabio Balza and dall’associate Sergio Merlino for tax law.

Involved fees earner: Andrea Giardino – Gatti Pavesi Bianchi; Filippo Sola – Gatti Pavesi Bianchi; Giuseppe Cadel – Giliberti Triscornia e Associati; Riccardo Coda – Giliberti Triscornia e Associati; Gianluca Grazioli – Giliberti Triscornia e Associati; Alessandro Triscornia – Giliberti Triscornia e Associati; Nadia Campanella – Latham & Watkins; Giancarlo D’Ambrosio – Latham & Watkins; Virginia List – Latham & Watkins; Luca Maranetto – Latham & Watkins; Cesare Milani – Latham & Watkins; Stefano Sciolla – Latham & Watkins; Giovanni Spedicato – Latham & Watkins; Andrea Stincardini – Latham & Watkins; Federica Ventura – Latham & Watkins; Fabio Balza – Linklaters; Ilaria Bertolazzi – Linklaters; Diego Esposito – Linklaters; Davide Mencacci – Linklaters; Sergio Merlino – Linklaters;

Law Firms: Gatti Pavesi Bianchi; Giliberti Triscornia e Associati; Latham & Watkins; Linklaters;

Clients: Banca IMI; Banco BPM S.p.A.; Daniele Piarulli; Permira; Sandro Baggiani; Silvio Campara; The Carlyle Group;