**Carlyle-Led Consortium Extends Loan for Zimmermann Buyout**
**Sydney, Australia** – A consortium led by global investment firm The Carlyle Group has provided a A$450 million (US$322 million) loan to support the buyout of Australian fashion brand Zimmermann by its founders and management team.
The loan, which was arranged by Goldman Sachs, will be used to refinance existing debt and provide growth capital for the company. Zimmermann is a leading Australian fashion brand known for its feminine and bohemian-inspired designs. The company was founded in 1991 by sisters Nicky and Simone Zimmermann and has since grown into a global brand with over 50 stores worldwide.
The buyout was led by the company’s founders and management team, with support from The Carlyle Group. The deal values Zimmermann at approximately A$1 billion (US$720 million).
Carlyle Managing Director and Head of Australia, New Zealand and Korea, Nicole Sellergren, said: .
