Zadig & Voltaire Receives Minority Investment from TA Associates
TA Associates will acquire a 30% stake in the company and will help Zadig & Voltaire further build its brand elsewhere in the U.S. and Asia.
Founded in 1995, Zadig & Voltaire currently operates approximately 200 boutiques and shop in shops over 20 markets around the world, generating in excess of €200m in revenues.
The company is also increasingly active across channels, with an e-commerce platform and a broadening wholesale effort, which spans product licensing (including childrenswear, watches and sunglasses) as well as partner-led retailing in a further 20 countries in Asia, Central and Eastern Europe and the Middle East.
Following the transaction, founder and controlling shareholder Thierry Gillier will continue to develop the operations with the support of his management team.
Patrick Sader and Chris Parkin, a a Senior Vice President and a Director of TA Associates, respectively, will join the company’s Board of Directors.