Kirkland & Ellis Advises TowerBrook on Sale of the Jimmy Choo Group
Kirkland & Ellis International LLP advised TowerBrook Capital Partners in the sale of the Jimmy Choo group to Labelux Group GmbH. The purchase agreement was signed on 22 May 2011. The transaction, which is subject to the necessary regulatory approvals, is expected to be completed within the next two months.
The Jimmy Choo group, headquartered in London, is a world-class luxury brand specializing in women's luxury footwear. The group has expanded successfully to include a range of complementary product categories including handbags, small leather goods, eyewear, scarves, belts, fragrance and most recently, men's shoes. Labelux, which was established in 2007 with the aim of creating a significant new global player in the expanding luxury goods sector, has built a strong portfolio of brands in luxury fashion, leather, accessories and jewelry.
The Kirkland team was led by corporate partners Erik Dahl and Christian Iwasko and senior associate Sava Savov. Other attorneys instrumental to the deal included partners Pierre-Andre Dubois, Neel Sachdev, Jane Scobie, Christopher Field and Daniel Oates and associates Uche Nwamara, Matthew Gerber, Jacqueline James, Victoria Pickett, Shannon Yavorsky, Lara Pender and Emma Leith.
About TowerBrook Capital Partners
TowerBrook Capital Partners L.P. (www.towerbrook.com) is an investment management firm with approximately $5 billion of capital under management. With offices in New York, London and San Francisco, the firm focuses on making investments in North American and European companies. TowerBrook primarily pursues control-oriented private equity investments in large and middle market companies, partnering with highly capable management teams, often in situations characterized by complexity.
About Kirkland & Ellis
Kirkland & Ellis LLP (www.kirkland.com) is a 1,500-attorney law firm representing global clients in complex corporate/private equity and tax, restructuring, litigation and dispute resolution/arbitration, and intellectual property and technology matters. The Firm has offices in Munich, Chicago, Hong Kong, London, Los Angeles, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C. The Munich office consists of 27 attorneys focusing primarily on private equity, mergers & acquisitions, restructuring/insolvency, acquisition financing and tax matters.
